This bill establishes regulations for digital financial asset transaction kiosks in Iowa. It defines key terms such as "digital financial asset," "digital financial asset transaction kiosk," and "operator." The bill stipulates that operators cannot accept or dispense more than $1,000 per consumer per calendar day through these kiosks. Additionally, operators are prohibited from collecting charges that exceed either $5 or 15% of the U.S. currency equivalent of the digital financial assets involved in a transaction.

Operators are required to provide consumers with clear written disclosures before transactions, detailing the dollar amount involved, any charges, and a warning if no refund process is available. They must also issue receipts containing specific transaction information and maintain an updated list of kiosk locations for public access. If an operator allows another person to conduct transactions via their kiosk, they must ensure that the person is licensed and complies with the established regulations.