New Hampshire approves bill allowing bitcoin ATMs
April 24, 2026
New Hampshire legislators recently approved a bill regarding cryptocurrency ATMs following deliberations by the House Commerce Committee. The legislation stipulates a cap on daily transactions at $2,000, as outlined in a report from WMUR.
Furthermore, the bill necessitates operators to refund all funds in the event a customer falls victim to fraudulent activities leading to their engagement in a digital asset kiosk transaction. This refund requirement extends to fees, and customers must inform both the operator and law enforcement or government officials of the fraudulent nature of the transaction within 14 days of their last engagement with the operator.
Additionally, the bill mandates that ATM operators must prominently display fraud alerts to caution users, and they must employ blockchain analytics to restrict transfers to or from wallet addresses associated with scams, theft, sanctions, or other illicit behaviors.
Although the House Commerce Committee sought to amend the bill due to concerns that it excessively burdens the crypto ATM industry, the House ultimately dismissed these proposed amendments and passed Senate Bill 482-FN.
During a hearing, State Representative Keith Ammon raised concerns about the bill’s potential impact, suggesting that its intention might be to prohibit the industry altogether. He questioned whether New Hampshire should focus on regulatory measures to ensure that only reputable actors participate in the sector rather than implementing prohibitive measures.
New Hampshire’s move aligns with a similar effort in West Virginia, which recently enacted legislation aimed at preventing cryptocurrency ATM scams.
This development in New Hampshire comes at a time when the broader landscape of financial technology is rapidly evolving, with advancements in digital assets and blockchain technology being met with increasing regulatory scrutiny and oversight.
The passing of this bill underscores the state’s commitment to safeguarding consumers from fraudulent activities in the cryptocurrency space. By setting clear guidelines and requirements for ATM operators and introducing measures to prevent illicit transactions, New Hampshire aims to ensure the integrity and security of digital asset transactions within its borders.
Overall, as the cryptocurrency and fintech industries continue to expand and evolve, regulatory frameworks like the one established by New Hampshire play a vital role in fostering trust and confidence among users. By addressing potential risks and vulnerabilities associated with emerging technologies, lawmakers can help create a more secure and resilient financial ecosystem for all stakeholders involved.