Crypto ATM laws in Mississippi: a guide for operators (2026)

Licensing in Mississippi

All kiosk operators must be licensed as money transmitters under the Mississippi Money Transmission Modernization Act (Miss. Code §75-16-1 et seq., adopted 2025 by HB 1428, effective 2025-07-01), applying through NMLS. HB 1625 (2026) made this explicit and adds kiosk location reporting.

Regulator: Department of Banking and Consumer Finance (DBCF) · License: Money transmitter license

Sources: DBCF Memo to Industry: Virtual Currency Kiosks (July 2026) · HB 1428 (2025) as sent to Governor (MTMA) · CSBS MTMA legislative update, August 2026 (secondary)

Mississippi's kiosk law

HB 1625 and HB 1596 (2026) · effective 2026-07-01

• Every kiosk operator must hold a Mississippi money transmitter license; unlicensed operators apply through NMLS and list planned kiosk locations.
• Licensed operators must report all kiosk and authorized-delegate kiosk locations through NMLS, first by 2026-08-17 and then within 45 days after each calendar quarter.
• The annual renewal report must list the Mississippi locations where the licensee or its delegates do kiosk transactions.
• Licensees must give the purchaser their name and mailing address or phone number on each money transmission or kiosk transaction, and post or print a clear fraud warning with a toll-free number to report fraud (HB 1596, §75-16-89).
• Licensees must give authorized delegates training materials on recognizing elder financial exploitation (HB 1596).
• Per a secondary summary (FS Vector, not checked against bill text): new customers are limited to $1,000 per day and $5,000 in their first 30 days; existing customers to $7,500 per day.
• Per the same secondary summary: funds from a customer's initial transaction are held for 96 hours.
• Per the same secondary summary: fraud-claim refunds must be paid within 14 days.
• Per the same secondary summary: operators must give risk disclosures, screen customers with fraud questions and end the transaction on an affirmative answer, use blockchain analytics, provide live customer support and designate a chief compliance officer.

Sources: DBCF Memo to Industry: Virtual Currency Kiosks · Mississippi Legislature: All Measures Not Dead (HB 1625 and HB 1596 approved 04/08) · HB 1596 (As Sent to Governor) · 2026 Summary of General Legislation · AARP Mississippi: new crypto kiosk law takes effect July 1 (secondary) · FS Vector: Mississippi Enacts Virtual Currency Kiosk and Data Security Laws (secondary)

Practical hurdles

• Operators already licensed had to file their first kiosk location report by 2026-08-17; pending applicants must disclose kiosk counts, addresses, white-label arrangements and customer numbers.

What we couldn't confirm

• HB 1625's consumer rules ($1,000/$5,000 new-customer limits, $7,500 existing-customer limit, 96-hour hold, 14-day refunds, compliance officer, blockchain analytics) come only from FS Vector; the enrolled bill text could not be opened (fetch budget ran out). Any fee cap and live-support hours are also unconfirmed.
• Whether the fraud-warning text quoted from SB 2715 (introduced) is identical in enacted HB 1596.
• Any Mississippi AG action or local ordinance against kiosks (none found).