# Financial Institutions (GFI)

## Title 12. Miscellaneous Institutions and Activities

### Subtitle 12. Virtual Currency Kiosks

#### Section 12-1208

(a) The Commissioner may use the investigative and enforcement powers under Sec.Sec. 2-113 through 2-116 of this article to enforce this subtitle.

(b)

  (1) Subject to paragraphs (2) and (3) of this subsection, the Commissioner may impose the penalties under Sec.Sec. 2-113 through 2-116 of this article for a violation of this subtitle.

  (2) The Commissioner may assess against a virtual currency kiosk operator a civil penalty not exceeding $1,000 for each knowing and willful violation of this subtitle.

  (3) Each day that a violation occurs or continues is a separate violation.

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Md. Code Ann., Fin. Inst. (as displayed at mgaleg.maryland.gov, October 16, 2026)