Article Summary –
A new Wisconsin law introduces consumer protections for cryptocurrency kiosks, imposing a $1,000 daily transaction limit, requiring operators to display fraud warnings, and capping fees. This legislation addresses widespread concerns, as investigations reveal a high percentage of crypto ATM transactions are scams, leading to significant financial losses among residents, including over $5.4 million lost to scams in 2025. Additionally, a separate proposed law aims to facilitate passive income through cryptocurrency staking by updating state regulations that currently limit the activity.
By Judith Ruiz-Branch
A new Wisconsin law introduces consumer protections for cryptocurrency kiosks, aimed at addressing fraud issues impacting state residents.
The legislation includes a $1,000 daily limit on transactions and requires fraud warnings on machines to caution users about potential scams. The law also limits fees charged by operators.
Erin Fabrizius, associate director for advocacy at AARP Wisconsin, stated that many crypto ATM transactions are scams, based on investigations across several states.
“Wisconsinites have reported losing thousands, even their life savings, to these machines,” she said.
State data reveals residents lost over $5.4 million to cryptocurrency scams in 2025.
The law allows scam victims to possibly recover losses. The bipartisan bill, unanimously passed by the state Senate, now awaits the signature of Wisconsin Gov. Tony Evers.
Wisconsin hosts more than 700 cryptocurrency kiosks, often found in gas stations and convenience stores. Fabrizius emphasized the need to identify scams, noting that legitimate entities never suggest depositing money at crypto ATMs.
“Scams are rampant and becoming more sophisticated with technology,” she said, “scammers excel at emotional manipulation.”
A separate proposed law could enable residents to earn passive income from cryptocurrency staking, updating state regulations that currently restrict this activity.
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