Oklahoma – New Quarterly Kiosk Reporting Requirement
October 15, 2025
Oklahoma – New Quarterly Kiosk Reporting Requirement
The Oklahoma State Banking Department has issued guidance implementing Senate Bill 1083, which takes effect November 1, 2025, and introduces new compliance obligations for digital asset kiosk operators.
Under the new law, digital asset kiosks must now be licensed as money transmitters pursuant to the Oklahoma Financial Transaction Reporting Act(Title 6 O.S. § 1511 et seq.).
Key Updates:
- Quarterly Reporting: Kiosk operators must complete and submit a new Quarterly Digital Current Kiosk Report available at banking.ok.gov.
- The completed report must be emailed in Excel format to DigitalKioskReport@banking.ok.gov
- and uploaded to NMLS under “Additional Requirements” as a PDF named "OK-Kiosk-List.
- Other new requirements include notice to the Department before kiosk placement, customer disclosure standards, fraud-prevention measures, transaction and fee limits, refund procedures, and live customer support.
- Kiosk operators must also maintain a $500,000 surety bond and pay a $50 per-location fee.
Renewal Note: The Department has also released an updated Renewal Report—older versions should be discarded. The new form is available on the Department’s website and can be uploaded through NMLS under“Additional Requirements.”
FSVector monitors ongoing state guidance for digital asset kiosk operators and money transmitter licensees to help ensure compliance with the latest requirements. Contact FS Vector for assistance navigating Oklahoma’s new quarterly reporting and licensing obligation