Wisconsin bill mandates full KYC for Bitcoin ATMs

Wisconsin’s AB384 bill mandates full KYC for Bitcoin ATMs, capping daily transactions at 1,000 USD. This legislative action emphasizes the state’s effort to combat crypto-related fraud.

ATM operators will incur heightened compliance costs due to stringent regulations. Although Bitcoin (BTC) remains dominant in the market with a price of 118,731.24 USD, these regulations could hinder transaction volumes.

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