Important Consumer Information: 2025 Legislative Summary, Act 369 (HB 483)
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STATE OF LOUISIANA
OFFICE OF FINANCIAL INSTITUTIONS
BATON ROUGE, LOUISIANA
IMPORTANT CONSUMER INFORMATION
The following Legislative Summary details the key provisions of Act 369 (HB 483) of the 2025
Fiscal Legislative Session, which makes any person who owns, operates solicits, markets,
advertises, or facilitates a virtual currency kiosk machine in the State of Louisiana subject to the
provisions of the VCBA. Please review this information very carefully to determine how this
may impact you in the future. To view Act 369 in its entirety, please visit the Louisiana
Legislature's website at www.legis.gov.
2025 LEGISLATIVE SUMMARY
Act 369 (HB 483) includes the following: a $3,000 daily transactional limit for
each user of a virtual currency kiosk, a 72 hour waiting period, the posting of
clear and concise disclosures, and mandates the formulation and
implementation of written policies and procedures that are intended to aid in
fraud detection and prevention.
The Act was signed into law on June 20, 2025, with an effective date of August 1, 2025. For a
complete list of VCBA licensees, who own and operate virtual currency kiosk machines in
the State of Louisiana at this time, please refer to Addendum A.
For more information, please contact Chief Examiner Michelle Jeansonne at (225) 922-2596 or
[email protected] or Deputy Chief Examiner Kellie Mule at (225) 925-1985 or
[email protected]. This Legislative Summary is provided for informational purposes only, and
is not intended to be an official interpretation and/or opinion of the Louisiana Office of Financial
Institutions.
POST OFFICE BOX 94095,
BATON ROUGE, LOUISIANA 70804-9095
PHONE # (225) 925-4660 FAX # (225) 922-2860
website: www.ofi.louisiana.gov e-mail: [email protected]