North Dakota, ATM and crypto

North Dakota bill seeks to cap crypto ATM transactions to tackle fraud
North Dakota lawmakers have debated a recently introduced bill seeking to limit crypto ATM transactions and introduce a slate of new regulations on the machines aimed at protecting residents from scams.
North Dakota lawmakers propose new limits on crypto ATMs to combat scams
North Dakota lawmakers are reviewing a new bill imposing stricter regulations on cryptocurrency ATMs to protect residents from financial scams.
North Dakota Introduces Bill to Limit Crypto ATM Transactions to Combat Fraud
The bill would restrict daily withdrawals to $1,000 per day and cap transaction fees at $5 or 3% of the total amount, whichever is higher.
North Dakota bill aiming to regulate crypto kiosks, prevent fraud gets mixed reactions
In an effort to stop cryptocurrency scammers from targeting North Dakotans, legislators are considering several measures to slow the flow of cash into "crypto kiosks."
North Dakota Proposes Bill To Limit Cryptocurrency ATM Transactions In Effort To Combat Fraud
( MENAFN - crypto Breaking) A new bill introduced in North Dakota aims to provide more protection to users of Cryptocurrency ATMs from potential scams and fraud. The bill, known as HB 1201, would require operators of these ATMs to maintain a surety bond of at least $100,000 to cover any potential losses incurred by users due to illegal activity.
North Dakota Lawmakers Propose Bill to Implement New Restrictions on Crypto ATMs
North Dakota's House Bill 1447 targets crypto ATM regulations to protect residents, amid rising scams and fraud concerns
North Dakota bill takes aim at crypto fraud with new consumer protection
BISMARCK – A bill debated Wednesday by North Dakota lawmakers aims to protect residents from cryptocurrency scams. House Bill 1447 would add new requirements for crypto kiosks – or ATMs for digital currency – such as daily withdrawal limits, fraud warning notices, and a cap on fees.
Crypto ATMs could soon be regulated through new bill
Cryptocurrency kiosks aren’t federally regulated, and victims of scams often assume they have the same protections as regular ATMs.
Proposed North Dakota Bill Aims To Combat Crypto Scams, Fraud
House Bill 1440 would cap daily withdrawals at $1,000 per day, and require machines to issue fraud alerts. State Financial Institutions Commissioner Lisa Kruse testified that North Dakotans lost a combined $6.5 million to cypto fraud in 2023.
North Dakota proposes bill to cap crypto ATM transactions against fraud
Regulators in North Dakota are discussing a new bill that will introduce various safeguards designed to help protect locals from falling victim to scams involving crypto ATMs. On January 22, the North Dakota state’s legislative assembly debated signing a bill that would require crypto ATMs to issue fraud warning notices and make it mandatory for
decrypt13d
North Dakota Considers Crypto Reserve as State Bitcoin Treasuries Gain Momentum
Legislators in North Dakota will weigh whether to diversify its assets with crypto and precious metals, following other state ...
KVRR13h
North Dakota bill takes aim at crypto fraud with new consumer protections
Josh Askvig, state director of AARP North Dakota, speaks during a committee hearing on digital currency kiosks on Jan. 22, 2025. (Michael Achterling/North Dakota Monitor)BISMARCK, N.D. (North Dakota ...