Wisconsin lawmakers have introduced Assembly Bill 471 (AB471), a measure that would exempt individuals and businesses in the state from needing a money transmitter license from the Department of Financial Institutions (DFI) for various digital asset activities.
The proposed exemptions specifically cover:
Furthermore, the bill prohibits state or local agencies from restricting the acceptance of digital assets for payment for legal goods and services or the custody of digital assets using self-hosted or hardware wallets. It also explicitly permits operating a blockchain node, transferring digital assets, and participating in staking.
Sponsored by Republican lawmakers, the bill aims to reduce the legal ambiguity surrounding state-level crypto regulation amid increasing adoption. The bill, which currently has a 25% progression rate, has been referred to the Committee on Financial Institutions and must pass through further legislative hurdles before it can be enacted.
September 2025, Cryptoniteuae