Expands the definition of operator to anyone who enables customers to purchase virtual currency. Expands the definition of a transaction to include a digital product or application where payment is made in person or through a third party intermediary.

Summary

This Rhode Island bill expands financial regulations governing virtual currency by broadening who is considered an "operator" to include anyone who enables customers to purchase virtual currency. It also expands the definition of "transaction" to cover digital products or applications where payment occurs in person or through a third-party intermediary, bringing more financial exchanges under state oversight of currency transmission rules.