Iowa rules for crypto ATMs
License, $1,000 a day, a charge cap, warnings, receipts, live support and 90-day fraud refunds.
What the law requires of operators here:
- Daily limits: No more than $1,000 a calendar day per consumer; in a new consumer's first 30 days, no more than $10,000 in total.
- Fees: Charges capped at the greater of $5 or 15% of the U.S. dollar value of the assets.
- Refunds and holds: Full refund for a fraudulently induced transaction when the consumer reports to you and a government or law enforcement agency within 90 calendar days, with proof.
Not legal advice. Last checked October 28, 2026 against Iowa Code § 533C.1004 (SF 449, 2025; SF 2296, 2026). Sources: Iowa Code § 533C.1004 (2026), Iowa SF 2296 (2026), enrolled