Virtual currency kiosks and civil forfeiture of property used in the course of crimes; create provisions concerning.

An Act To Enact The "money Transmission Modernization Act For Virtual Currency Kiosks"; To Define Terms; To Provide Licensing Requirements For Virtual Currency Kiosk Operators; To Prohibit Virtual Operators From Using Any Sign Using The Words "automatic Teller Machine" Or "atm"; To Provide Disclosure Requirements; To Require Operators To Disclose All Material Risks Associated With Virtual Currency; To Require Specific Disclosures; To Provide For New Accounts And Initial Transactions; To Require Operators To Disclose To Customers The Terms And Conditions Of A Transaction; To Require Certain Terms And Conditions; To Require Operators To Ensure That Each Customer Acknowledges Receipt Of All Required Disclosures; To Provide For Receipt Requirements; To Limit The Total Amount Of A Fees And Commission Charge To Not More Than 15% Of The Amount Of The Virtual Currency Transaction; To Provide Daily Transaction Limits Per Customer; To Provide For Refunds For New Customers Upon Fraudulent Activity; To Require Customer Identification And Provide For Wallet Restrictions; To Require Operators To Use Blockchain Analytics Software; To Require Operators To Take Reasonable Steps To Detect And Prevent Fraud; To Require Operators To Offer Customer Service; To Provide Additional Protections For Elder Adults; To Require Operators To Designate And Employ A Chief Compliance Officer; To Provide Additional Powers To The Commissioner Under The Money Transmission Modernization Act; To Provide That All Property Used In The Couse Of Certain Crimes Is Subject To Civil Forfeiture; To Authorize The Attorney General Or Any Law Enforcement Agency To Seize Property According To Certain Conditions; To Provide For Issuance Of Warrants; To Provide For Release Of Seized Property Subject To Certain Requirements; To Provide For Return Of Stolen Property Upon Meeting Certain Requirements; And For Related Purposes.