Wisconsin is moving to tighten regulations on Bitcoin ATMs with the introduction of bill AB384. The proposed legislation requires full identity verification for users and imposes a daily transaction limit of $1,000. Operators would also be required to obtain a license and post clear signage for identity proof.
According to the Wisconsin Department of Financial Institutions, the measure is a direct response to a rise in fraud cases linked to Bitcoin ATMs. While state officials believe these new rules will combat illegal activities, industry operators are concerned about the increased costs and compliance burdens. The Bitcoin community has yet to react strongly, with most conversations revolving around the financial impact on ATM operators.
August 2025, Cryptoniteuae