Minnesota Bitcoin ATM Regulations

Review and sources

Summary reviewed: 2026-09-05. Official source. This is a dated summary; later amendments may change these requirements.

Overview

Minnesota prohibits installing, operating, maintaining, or making virtual currency kiosks available from August 1, 2026. Operators must remove kiosks from publicly visible or accessible locations by December 31, 2026. The former daily-limit rules are not permission to continue operating.

Sources and legislation

Enacted law or regulator.

This summary covers selected kiosk provisions. Licensing, disclosures, identification, and refund conditions must be read in the full law.

Kiosk status in Minnesota

Because Minnesota prohibits Bitcoin kiosks under the law summarized above, there are no operating limits or fee caps to describe; any machine still running in the state should be reported to the regulator.

Key dates

• Effective date of the kiosk provisions: 2026-08-01.
• Enacted as: Minnesota 2026 Chapter 65; § 53B.751.
• We last reviewed this summary against the official source on 2026-09-05.

Enforcement actions in Minnesota

Actions and findings by Minnesota authorities recorded in our operator trust data. Each affects that operator's trust grade.

• 2025-10-29 — Minnesota Department of Commerce: Consent Order involving Cash2Bitcoin (resolved). Consent Order for unlicensed money transmission in Minnesota in violation of Minn.
• 2025-05-02 — Minnesota Department of Commerce: Consent Order involving Coinhub (resolved). Order - Consent (NMLS Docket: 91320/JPH).
• 2024-06-01 — Minnesota Department of Commerce: Administrative Fine involving Bitcoin Depot (resolved). Administrative fine of approximately $10,337 for operating without a money transmission license.
• 2024-01-01 — Minnesota Department of Commerce: Consent Order involving CoinFlip (resolved). Consent order related to money transmission operations
• 2024-01-01 — Minnesota Department of Commerce: Consent Order involving Athena Bitcoin (resolved). Consent order regarding money transmission operations

How Minnesota compares

Minnesota is one of 4 jurisdictions in our dataset that prohibit Bitcoin kiosks (Indiana, Minnesota, Tennessee, Vermont). 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:

Federal rules that apply in Minnesota

State law sits on top of federal requirements that apply to every Bitcoin ATM operator in the United States, including in Minnesota:

• 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 Minnesota 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.