#ArizonaBTCReserve

If you're referring to reversing a Bitcoin (BTC) transaction in Arizona, it's important to understand that Bitcoin transactions are inherently irreversible. Once a transaction is confirmed on the blockchain, it cannot be undone or reversed by any party, including the sender, recipient, or any intermediary. This characteristic is fundamental to the design of decentralized cryptocurrencies like Bitcoin.

However, Arizona has taken legislative steps to address issues related to cryptocurrency transactions, particularly concerning consumer protection and fraud prevention. In 2025, the Arizona legislature passed House Bill 2387, which introduces stricter regulations for cryptocurrency kiosk (ATM) operators. Key provisions of this bill include:

Mandatory Disclosure of Refund Policies: Operators are required to clearly disclose their refund policies to customers, ensuring transparency in transactions.

Receipt Requirements: Upon completing a transaction, operators must provide a physical or digital receipt containing detailed information, including the operator's contact details, transaction specifics, and a statement of the refund policy.

Fraud Prevention Measures: Operators are mandated to implement anti-fraud policies, utilize blockchain analytics to detect suspicious activities, and adhere to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.

Transaction Limits: The bill imposes daily transaction limits to mitigate the risk of large-scale fraud, particularly targeting new customers.

These measures aim to enhance consumer protection and reduce the incidence of fraud associated with cryptocurrency transactions in Arizona. While they do not enable the reversal of Bitcoin transactions, they provide a framework for addressing disputes and potential refunds through the operators' policies.