Breaking! Wisconsin, USA Proposes Mandatory Full KYC for Bitcoin ATMs
Key Points of New Bill SB386:
Mandatory Identification: Photo ID required for each transaction
Transaction Limits: Single/Daily limit of $1000
Data Collection: Operators must store user personal information
Impact Analysis:
Privacy Controversy: Undermines the anonymity of Bitcoin ATMs, raising concerns in the community
Compliance Costs: Operators may face higher costs, some may exit the market
Regulatory Trends: Global tightening of cryptocurrency ATM regulations, Wisconsin may become a model for the US
