Maryland Bitcoin ATM Regulations
Maryland caps new users at $2,000 per day and experienced users at $10,500. The new-user period includes the first transaction and the following 72 hours. Fees are capped at the greater of $5 or 15%. Operator and kiosk registration are separate from any required money-transmitter license.
Review and sources
Summary reviewed: . Official source. This is a dated summary; later amendments may change these requirements.
Overview
Maryland caps new users at $2,000 per day and experienced users at $10,500. The new-user period includes the first transaction and the following 72 hours. Fees are capped at the greater of $5 or 15%. Operator and kiosk registration are separate from any required money-transmitter license.
Sources and legislation
Enacted law or regulator. Customer definitions. Registration advisory.
This summary covers selected kiosk provisions. Licensing, disclosures, identification, and refund conditions must be read in the full law.
Transaction limits and fees in Maryland
New customers are limited to $2,000/day (First transaction and following 72 hours).
Existing customers are limited to $10,500/day.
Fees are capped at: Greater of $5 or 15%.
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: Maryland FI §§ 12-1201, 12-1204.
- We last reviewed this summary against the official source on .
How Maryland compares
Maryland 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 |
|---|---|---|---|
| Delaware | General Licensing | None recorded | None recorded |
| District of Columbia | General Licensing | None recorded | None recorded |
| Pennsylvania | General Licensing | None recorded | None recorded |
| Virginia | Effective July 1, 2027 | $2,000/day when effective | 18% when effective |
| West Virginia | General Licensing | None recorded | None recorded |
Federal rules that apply in Maryland
State law sits on top of federal requirements that apply to every Bitcoin ATM operator in the United States, including in Maryland:
- 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 Maryland 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 Maryland
Compare locations, operators, trust grades and reported hours in the Maryland Bitcoin ATM directory, or read how Bitcoin ATM fees work before you go.
Frequently asked questions
Are Bitcoin ATMs legal in Maryland?
Yes, Bitcoin ATMs can operate in Maryland. Maryland caps new users at $2,000 per day and experienced users at $10,500. The new-user period includes the first transaction and the following 72 hours. Fees are capped at the greater of $5 or 15%. Operator and kiosk registration are separate from any required money-transmitter license.
What is the Bitcoin ATM daily limit in Maryland?
New customers: $2,000/day. Existing customers: $10,500/day.
Is there a cap on Bitcoin ATM fees in Maryland?
Yes. Fees are capped at: Greater of $5 or 15%.
Where do I report a Bitcoin ATM scam in Maryland?
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 Maryland regulator through the official source linked on this page.