The Fiserv-powered U.S. dollar stablecoin will be available to local banks and credit unions, joining crypto experiments by U.S. states.
North Dakota lawmakers have taken a decisive step toward regulating crypto ATMs, approving a bill imposing a $2,000 daily transaction limit per user. On March 18, the state Senate passed House Bill 1447, advancing legislation designed to curb fraud and enhance oversight. HB 1447 seeks to protect residents from rising fraud cases linked to crypto ATMs. According […]
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North Dakota House Bill 1447 mandates that virtual currency kiosk operators obtain money transmitter licenses, utilize blockchain analytics to detect fraud, and limit individual daily transactions to $2,000.
The push for crypto adoption is getting stronger as individual states explore plans to use state funds to buy Bitcoin. North Dakota is the latest state to join the conversation after both houses approved the recommendation. Related Reading: Could Germany’s Bitcoin Push Set A New Standard In Digital Currency? Under House Concurrent Resolution No. 3001, […]
According to Satoshi Action Fund CEO Dennis Porter, the North Dakota BTC bill “already has 11 sponsors.”