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Alaska crypto ATM (bitcoin kiosk) law
Status: Daily limits / fee caps
Since Oct 1, 2026 (SB 249, Chapter 50 SLA 2026, AS 06.55.120-.195): operators need a money transmission license and state approval for each location. Up to $1,000 a day and $10,000 per 30 days per user. Fees capped at 10%. Bold fraud warning, posted warnings, paper and electronic receipts. Full refund including fees for fraud reported within 90 days, with a police report, department report or sworn statement within 120 days.
Source: akleg.gov (Chapter 50 SLA 2026, effective Oct 1, 2026) · checked 2026-10-22
Transaction limits vs. scam rules
| Transaction limits | |
|---|---|
| Daily limit | $1,000/day and $10,000 per 30 days per user |
| New-customer limit | Same limits for all users |
| Refund rule | Full refund incl. charges if reported within 90 days, with police report, department report or sworn statement within 120 days |
| Scam rules | |
| Warnings required | Bold on-screen scam warning plus posted warning with toll-free number |
| Fee cap | 10% of transaction value |
| Refund rights | Full refund incl. charges if reported within 90 days, with police report, department report or sworn statement within 120 days |
Source for this table: akleg.gov, Chapter 50 SLA 2026, effective Oct 1, 2026; checked 2026-10-22. "Unknown" means we couldn't confirm it in the official source, not that no rule exists.
Crypto ATM scam losses in Alaska
In 2025, people in Alaska filed 78 complaints with the FBI's Internet Crime Complaint Center (IC3) involving crypto kiosks, reporting $3,280,947 in losses.
Nationally: 13,460 complaints and $388.98 million in losses.
Source: FBI IC3, Cryptocurrency Kiosk Complaint Data By State (May 15, 2026). IC3 notes these complaints may also include other transaction types, so not all losses are from kiosks alone. Checked 2026-10-22.
New crypto law this month (October 2026)
Oct 1, 2026: SB 249 (Chapter 50 SLA 2026) took effect: licensing, $1,000/day limit, 10% fee cap and fraud refunds.
Source: akleg.gov
Scam warning: no government agency, bank or business will ever ask you to pay with a crypto ATM. If someone does, it's a scam. Report it to local police and the FBI at ic3.gov.
More for Alaska
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- Ask Counselor: Alaska ATM rules
- Crypto ATM laws in every state we've checked
- Crypto tax by state
Not legal advice. Laws change; check the linked source.
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