NOTICE OF SUBSTANTIVE CHANGE
1. Agency Information
Commerce, Consumer Protection
Salt Lake City, UT 84114-6704
2. Contact Persons
Please address questions regarding information on this notice to the persons listed above.
3. General Information
A. Rule or section catchline:
R152-83. Virtual Currency Kiosk Regulation Rule
B. Purpose of the new rule or reason for the change:
This rule is being promulgated in accordance with HB 72, passed in the 2026 General Session, codified as Title 13, Chapter 83, Virtual Currency Kiosk Regulation, which permits the Division of Consumer Protection to make rules regarding records maintained and reports to be filed by virtual currency kiosk operators.
C. Summary of the new rule or change:
This rule establishes the time period, format, and content requirements for records maintained in accordance with Section 13-83-104 and establishes the form, content, filing date, and submission procedure for the report described by Section 13-83-105.
4. Legislative Action Information
A. Are any changes in this filing because of state legislative action?
Changes are because of legislative action.
B. If yes, any bill number and session:
HB 72 (2026 General Session)
5. Fiscal Information
Provide an estimate and written explanation of the aggregate anticipated cost or savings to:
This rule is not anticipated to create costs or savings to the state budget beyond what was contemplated by the fiscal note to HB 72 (2026).
This rule is not anticipated to create costs or savings to local governments because it does not impose requirements or other obligations upon local governments.
C. Small businesses ("small business" means a business employing 1-49 persons):
This rule is not anticipated to create costs or savings to non-small businesses beyond what was contemplated by the fiscal note to HB 72 (2026).
The record retention period required by this proposed rule is consistent with federal requirements applicable to money services businesses, and should not impose additional costs.
D. Non-small businesses ("non-small business" means a business employing 50 or more persons):
This rule is not anticipated to create costs or savings to non-small businesses beyond what was contemplated by the fiscal note to HB 72 (2026).
The record retention period required by this proposed rule is consistent with federal requirements applicable to money services businesses, and should not impose additional costs.
E. Persons other than small businesses, non-small businesses, state, or local government entities ("person" means any individual, partnership, corporation, association, governmental entity, or public or private organization of any character other than an agency):
This rule is not anticipated to create costs or savings to persons other than small businesses, non-small businesses, state, or local government entities beyond what was contemplated by the fiscal note to HB 72 (2026).
The record retention period required by this proposed rule is consistent with federal requirements applicable to money services businesses, and should not impose additional costs.
F. Compliance costs for affected persons:
This amendment does not impose compliance costs on affected persons beyond those contemplated by the fiscal note to HB 72 (2026).
6. Regulatory Impact Summary Table
Enter the cost or savings in the relevant cell. If there is no cost or savings, enter, "$0." If a cost or savings is inestimable, enter, "inestimable."
7. Regulatory Impact Analysis Approval
The Commissioner of the Department of Commerce, Margaret Busse, has reviewed and approved this regulatory impact analysis.
8. Family Impact Information
A. The agency has considered this rule's impact on family health, stability, and formation:
9. Citation Information
Provide citations to the statutory authority for the rule. If there is also a federal requirement for the rule, provide a citation to that requirement:
11. Public Notice Information
The public may submit written or oral comments to the agency identified in box 1.
A. Comments will be accepted until:
12. Effective Date Information
This rule change MAY become effective on:
(NOTE: This is the date the agency anticipates making the filing effective. It is NOT the effective date)
13. Agency Authorization Information
Agency head or
designee and title:
Daniel Larsen, Assistant Director
