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District of Columbia Bitcoin ATM Regulations

The District of Columbia requires money transmitter licensing under D.C. Code § 26-1001 and has published bulletins on virtual currency transmission and Bitcoin ATM scams.

Review and sources

Summary reviewed: . Official source. This is a dated summary; later amendments may change these requirements.

Licensing requirements

The District’s banking licensing materials state that no person may engage in the business of money transmission in the District without a money transmitter license unless an exemption applies.

DISB has also published bulletins advising digital asset financial services companies that transmission of virtual currency in the District requires a money transmitter license.

The District has not enacted a separate stand-alone Bitcoin ATM statute with the same type of cap-and-fee structure used in some states, but it has issued BTM-specific warnings and bulletins.

Federal requirements

Federal rules still matter even where a state has no Bitcoin ATM-specific statute.

  • Register with FinCEN as a money services business when required by federal law.
  • Maintain a written anti-money-laundering program, designate a compliance officer, and train kiosk support staff.
  • Use customer identification, sanctions screening, and scam-escalation procedures sized to transaction risk.
  • File Suspicious Activity Reports and Currency Transaction Reports when thresholds or facts require them.

Consumer protection

DISB / DC Office of the Attorney General is the main public contact for scam complaints and consumer questions in District of Columbia.

Consumers can start with DISB / DC Office of the Attorney General or call (202) 727-8000.

  • DISB has published a dedicated warning page about virtual currency kiosks and scam tactics aimed at District residents.
  • The District has also brought enforcement against a crypto ATM operator for exploiting District residents.
  • Consumers should contact DISB or the DC Office of the Attorney General quickly if fraud is suspected.

Sources and legislation

Primary state framework: D.C. Code § 26-1001 and DISB virtual currency bulletins.

Primary regulator: District of Columbia Department of Insurance, Securities and Banking.

The District currently relies on D.C. Code § 26-1001 plus DISB bulletins and enforcement actions rather than a stand-alone Bitcoin ATM statute.

Official source: state licensing and guidance materials.