California penalizes Coinme for crypto-kiosk DFAL violations

What changed

DFPI fined Coinme $300,000 and obtained $51,700 in restitution over crypto-kiosk violations involving transaction limits, pricing-spread disclosures, receipts, and related DFAL requirements.

Who it affects

• Crypto-kiosk operators, digital-asset businesses, investment advisers, vulnerable clients, and California consumers

What is still open

• Continuing remediation and any later enforcement involving the operator

What it means for an advisor

• Use the order as a benchmark for kiosk limits, receipts, pricing-spread disclosures, exchange references, fraud controls, and restitution.