South Dakota Bitcoin ATM Regulations
South Dakota’s enacted SB 98 sets a $1,000 daily limit and $10,000 limit over 30 days for every user. Charges cannot exceed 25% of the transaction. The law requires licensing, fraud controls, disclosures, and refunds when its reporting conditions are met.
Review and sources
Summary reviewed: . Official source. This is a dated summary; later amendments may change these requirements.
Overview
South Dakota’s enacted SB 98 sets a $1,000 daily limit and $10,000 limit over 30 days for every user. Charges cannot exceed 25% of the transaction. The law requires licensing, fraud controls, disclosures, and refunds when its reporting conditions are met.
Sources and legislation
This summary covers selected kiosk provisions. Licensing, disclosures, identification, and refund conditions must be read in the full law.