What to know:
Ann Arbor City Council approved new regulations for cryptocurrency kiosks, strengthened protections for places of religious worship, and authorized up to $10 million for park improvements during its Nov. 5 meeting.
Cryptocurrency kiosk operators must obtain a city license and provide consumer protections, including fraud warnings, ID verification, transaction receipts, and live customer service.
The new cryptocurrency rules limit transactions to $500 per day for new customers during their first 30 days, $1,000 per day for other customers, and $10,000 over a 30-day period. The ordinance takes effect six months after adoption.
Council approved changes to the city’s disorderly conduct ordinance prohibiting certain threatening, intimidating, or obstructive behavior at places of religious worship and within 50 feet of them.
ANN ARBOR, Mich. — Ann Arbor City Council approved new regulations for virtual currency kiosks, strengthened protections for places of worship, and authorized up to $10 million for park improvements.
The council approved the measures at its Thursday (Nov. 5) meeting.
The council also approved a proposal to explore a new approach to supporting affordable housing through two city-owned condominiums and received national recognition for its fiscal year 2027 budget.
Previous report: Ann Arbor City Council considers expanded protections for places of worship
New regulations aim to protect consumers from cryptocurrency scams
City Council approved an ordinance regulating virtual currency kiosks, which allow customers to exchange cash for cryptocurrency.
Under the new rules, kiosk operators must obtain a city license and implement consumer protections, including fraud warnings, photo identification requirements, transaction receipts, and access to live customer service.
The ordinance also establishes transaction limits:
$500 per day for new customers during their first 30 days.
$1,000 per day for other customers.
$10,000 over 30 days.
The regulations are intended to help prevent scams and limit financial losses for consumers. The ordinance takes effect six months after its adoption.
City strengthens protections for places of religious worship
Council approved amendments to the city’s disorderly conduct ordinance to prohibit disturbing the peace at places of religious worship.
The amendments prohibit obstructing entrances and exits through force, threats, or physical obstruction.
They also prohibit conduct within 50 feet of a place of religious worship that puts people in reasonable fear for their safety, including assault, threats, harassment, or intimidation involving force, threats of force, or physical obstruction.
Violations are misdemeanors punishable by up to 90 days in jail, a $500 fine, or both.
Council approves up to $10 million for park improvements
Council authorized the issuance of up to $10 million in capital improvement bonds to finance upgrades to city parks.
The bonds will be repaid using revenue from the city’s Park…
Read More: Ann Arbor City Council approves crypto regulations, religious worship
