Tinee Giant #159

Virginia crypto ATM law starts July 1, 2027

From July 1, 2027: a kiosk license, daily and monthly limits, a 48-hour hold for new users, an 18% cap and annual and quarterly reports.

What the law requires of operators here:

• Daily limits: New users: no more than $2,000 a day. Any user: $5,000 a day and $10,000 a month at most.
• Refunds and holds: Hold every new user's transaction at least 48 hours; the user may cancel for a full refund during the hold.
• Fees: Charges per transaction may not exceed 18% of its value, including any part of the annual fee passed on.

Not legal advice. Last checked October 28, 2026 against Va. Code Title 6.2, Ch. 22.2 (2026, cc. 654, 655). Sources: Va. Code Title 6.2, Ch. 22.2, Va. Code § 6.2-2241, Va. Code § 6.2-2249, Va. Code § 6.2-2255, Va. Code § 6.2-2256