Wisconsin Plans to Introduce New Legislation, Bitcoin ATMs May Face Mandatory KYC and $1000 Transaction Limit

BlockBeats News, August 12th, according to Bitcoin Laws, the Wisconsin State Senate in the United States proposed a new bill SB 386, which aims to require all Bitcoin ATMs to fully implement Know Your Customer (KYC) procedures. Transactions must provide identity information, with a per transaction limit of $1,000, and additional personal information must be collected for regulatory purposes.