Crypto

Crypto ATM bill nears completion in WV legislature


A bill that would regulate crypto ATMs in the state is nearing completion in the West Virginia Legislature. 

The state Senate on Friday unanimously passed House Bill 5353, which would bring virtual currency ATMs under the purview of the money transmission licensure and create disclosure requirements and daily transaction limitations for customers. The House of Delegates passed the bill earlier this month with a vote of 89-3.

The bill also requires written paper receipts of transactions and requires ATMs to allow new customers to cancel and receive refunds for fraudulent transactions under some circumstances, among other things.

AARP West Virginia, the state’s largest nonpartisan organization advocating for older West Virginians, advocated for the bill. 

An AARP poll of state voters found that most people support increased regulations for the kiosks. 

In a statement Friday, AARP state director Gaylene Miller celebrated the bill’s passage.  

“West Virginians sent a clear message ahead of the 2026 legislative session: they want stronger protections from fraud and scams,” Miller said.  

With the passage of House Bill 5353, the state became the 21st in the country to adopt safeguards against cryptocurrency ATM-related fraud, she said. 

Miller said the Legislature’s passage of Senate Bill 617, addressing financial exploitation and House Bill 4990, addressing gift card fraud, reflect the Legislature’s commitment to protect vulnerable residents. 

“We thank the Legislature for its leadership and look forward to the governor signing these important consumer‑protection bills into law,” Miller said. 

On Saturday, the House had yet to concur with changes the Senate made to the bill. If the House concurs, the bill will next go to Gov. Patrick Morrisey for consideration. 

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