Oklahoma Bitcoin ATM Regulations
SB 1083 requires kiosk operators to be licensed as money transmitters, establishes a $2,000 daily limit for new customers, and caps fees at 15%. Effective November 1, 2025.
Licensing Requirements
SB 1083 (effective November 1, 2025) requires Bitcoin ATM kiosk operators to be licensed as money transmitters in Oklahoma.
Operators must obtain and maintain a money transmitter license through the Oklahoma Banking Department.
Transaction Limits
Oklahoma establishes a 72-hour new customer period with a $2,000 daily limit for new customers.
| Customer Type | Daily Limit |
|---|---|
| New Customer | $2,000 |
| Existing Customer | N/A |
Customer Script
"Under Oklahoma's new regulations, new customers are limited to $2,000 in transactions per day for the first 72 hours."
| Customer Type | Daily Limit | Notes |
|---|---|---|
| New Customer | $2,000/day | Period: 72 Hours |
| Existing Customer | After new customer period |
Fee Caps
Compliance Note - Fee Limits
Oklahoma limits aggregate fees and charges to 15% of the transaction value. This includes all fees, spreads, and other charges combined.
KYC & New Customer Rules
Oklahoma defines a "New Customer" as an individual who remains within 72 hours after their first financial transaction.
- New customer period: 72 hours from first transaction
- Government-issued ID required for all transactions
- Customer status must be verified before applying limits
- Standard KYC requirements under money transmitter laws
Legislative Reference
The primary legislation governing Bitcoin ATM operations in Oklahoma is Senate Bill 1083, effective November 1, 2025.
SB 1083
SB 1083