Early Rush to Submit Cryptocurrency Legislation for 2024

Monday, February 26, 2024

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Company: ATM Industry Association

More than 500 alerts have already been received for 370 2024 bill introductions. Nearly two-thirds are related to cryptocurrency or digital assets – even more than in 2023. So far, 11 states have not introduced any such legislation. New York and Oklahoma lead the pack with 18 and 11 bills, respectively. Any ATMIA member organizations that are actively involved in the cryptocurrency industry are welcome to join the ATM Cryptocurrency Deployers Advocacy Group.

Bills to require acceptance of cash for all in-person retail transactions have been introduced in 10 states. A number of other states are making minor changes to existing statutes. The interactive ‘Cashless Ban’d Wagon’ map can be found on the U.S. Region home page, with links to current status and bill language.

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