Title 10 Regulation of Activities
Division VIII. Virtual Currency
Chapter 10.90 Virtual Currency Kiosks
Section 10.90.030 Definitions
The following words, terms, and phrases, when used in this section, shall have the meaning ascribed to them in this subsection, except where the definitions in the RCW indicate a different meaning.
- “Virtual Currency” means a digital representation of value used as a medium of exchange, a unit of account, or a store of value, but does not have legal tender status as recognized by the United States Government.
- “Virtual Currency Kiosk” means an electronic terminal located in an area accessible to the general public which acts as a mechanical agent of the Virtual Currency Kiosk Operator, enabling the exchange of Virtual Currency for money, bank credit, or other virtual currency.
- “Virtual Currency Kiosk Operator” means a person or entity that:
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- knowingly permits the use or installation of a virtual currency kiosk on property owned, leased or controlled by the person or entity;
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- operates a Virtual Currency Kiosk within the city limits; or
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- owns a Virtual Currency Kiosk that is either located or operated within city limits.
Date Passed: Monday, June 16, 2025
Effective Date: Wednesday, July 30, 2025
ORD C36704 Section 1