Maine Bitcoin ATM Regulations
Maine limits transactions to $1,000 per customer per day through an operator’s kiosks. Charges may not exceed the greater of $5 or 3%. The law also specifies receipts and fraud-refund conditions.
Review and sources
Summary reviewed: . Official source. This is a dated summary; later amendments may change these requirements.
Overview
Maine limits transactions to $1,000 per customer per day through an operator’s kiosks. Charges may not exceed the greater of $5 or 3%. The law also specifies receipts and fraud-refund conditions.
Sources and legislation
This summary covers selected kiosk provisions. Licensing, disclosures, identification, and refund conditions must be read in the full law.
Transaction limits and fees in Maine
New customers are limited to $1,000/day.
Existing customers are limited to $1,000/day.
Fees are capped at: Greater of $5 or 3%.
Anyone urging you to split a payment across several machines, operators or days to get around a limit is showing a common scam warning sign.
Key dates
- Enacted as: 32 M.R.S. § 6169.
- We last reviewed this summary against the official source on .
Enforcement actions in Maine
Actions and findings by Maine authorities recorded in our operator trust data. Each affects that operator's trust grade.
- 2024-01-01 — Maine Bureau of Consumer Credit Protection: Consent Agreement involving Bitcoin Depot (resolved). Consent agreement regarding money transmission activities
- 2024-01-01 — Maine Bureau of Consumer Credit Protection: Denial Order involving Bitcoin Depot (resolved). Denial order related to licensing application
- 2023-10-20 — Maine Attorney General Data Breach Filing: Regulator finding involving CoinFlip. Data breach affecting 36,646 customers disclosed after employee email compromised via social engineering (Aug 7, 2023).
How Maine compares
Maine is one of 18 jurisdictions in our dataset with a kiosk-specific transaction limit, and one of 17 with a fee cap. See every state side by side on the regulations overview.
Rules change at the state line. If you live near a border, the kiosk you use may be governed by a neighbor's law:
| Neighboring state | Status | Daily limit | Fee cap |
|---|---|---|---|
| New Hampshire | Pending Signature | None recorded | None recorded |
Federal rules that apply in Maine
State law sits on top of federal requirements that apply to every Bitcoin ATM operator in the United States, including in Maine:
- Money services business registration. Kiosk operators are money transmitters under the Bank Secrecy Act and must register with FinCEN.
- Anti-money-laundering program. Operators must run a written AML program with a compliance officer, training, and independent review.
- Reporting. Operators file Suspicious Activity Reports and Currency Transaction Reports for cash transactions over $10,000 in a day.
- Sanctions screening. Transactions involving sanctioned persons or wallets are prohibited under OFAC rules.
These federal duties explain why kiosks ask for a phone number, ID, or a selfie as amounts rise — identification tiers are how operators meet them.
Bitcoin ATM scam warnings
The biggest risk at a Bitcoin ATM is a scammer directing the payment. The same scripts appear in Maine as nationwide:
- Government or police impersonation — a caller says you owe a fine or your accounts are frozen and must be "protected" in Bitcoin.
- Tech-support and bank-fraud alerts — a pop-up or call claims your computer or bank account is compromised.
- Romance and investment schemes — an online contact steers you to "invest" or send help through a kiosk.
- Utility shut-off threats — a caller demands immediate payment to keep service on.
No government agency, utility, bank, or legitimate business asks to be paid through a Bitcoin ATM. If someone is on the phone telling you which buttons to press or gives you a QR code to scan, stop. Bitcoin transactions are generally irreversible once confirmed.
Find a Bitcoin ATM in Maine
Compare locations, operators, trust grades and reported hours in the Maine Bitcoin ATM directory, or read how Bitcoin ATM fees work before you go.
Frequently asked questions
Are Bitcoin ATMs legal in Maine?
Yes, Bitcoin ATMs can operate in Maine. Maine limits transactions to $1,000 per customer per day through an operator’s kiosks. Charges may not exceed the greater of $5 or 3%. The law also specifies receipts and fraud-refund conditions.
What is the Bitcoin ATM daily limit in Maine?
New customers: $1,000/day. Existing customers: $1,000/day.
Is there a cap on Bitcoin ATM fees in Maine?
Yes. Fees are capped at: Greater of $5 or 3%.
Have Bitcoin ATM operators faced enforcement in Maine?
Yes. Our records include 3 actions or findings by Maine authorities involving Bitcoin Depot and CoinFlip. Details and dates are listed on this page.
Where do I report a Bitcoin ATM scam in Maine?
Contact the operator's support line immediately (the number is on the kiosk and receipt), then file reports with local police, the FBI's Internet Crime Complaint Center (ic3.gov), and the FTC (reportfraud.ftc.gov). You can also contact the Maine regulator through the official source linked on this page.