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

Licensing in Oklahoma

From 2025-11-01, digital asset kiosk operators must be licensed as money transmitters under the Oklahoma Financial Transaction Reporting Act (6 O.S. 1511 et seq.) by the Oklahoma State Banking Department. Licensing and reports go through NMLS. The Banking Department says kiosk operators must maintain a $500,000 bond, pay a $50 fee per location, and treat each kiosk as an authorized delegate.

Regulator: Oklahoma State Banking Department · License: Money transmitter license

Sources: OSBD 'Urgent Memo to Money Transmitters' (SB 1083; $500,000 bond; $50 per location; quarterly report) · OSBD Money Transmitter Renewal Report form (kiosk = authorized delegate)

Oklahoma's kiosk law

6 O.S. 1520-1520.1 (SB 1083, 2025) · effective 2025-11-01

• Operators must hold an Oklahoma money transmitter license. Operating without one is a misdemeanor: a $600-$2,000 fine per violation and/or 30 days to 1 year in county jail. The AG may have unlicensed kiosks seized.
• New customers are capped at $2,000 per day across one or more kiosks. A 'new customer' is anyone in the first 72 hours after their first transaction with that operator. The statute sets no cap for existing customers.
• Total fees and charges, including the spread over market value, may not exceed 15% of the transaction's dollar value.
• New customers who were fraudulently induced get a refund of all fraudulent transactions made while new, fees included, if they report to the operator and the AG within 14 days of the last such transaction.
• Existing customers who were fraudulently induced get their transaction fees refunded (not the principal) if they report to the operator and the AG within 14 days.
• Required disclosures: risk warnings (irreversibility, volatility, the bond may not cover losses, and others), the amount, fees, exchange rate, the $2,000 new-customer limit, and the owner's contact details shown at or on the kiosk.
• Each transaction needs a receipt in the customer's chosen language, on paper where possible. Otherwise the operator must post how to get a copy.
• Operators must notify the Banking Department before locating or relocating a kiosk, and file a quarterly kiosk location report within 45 days after each quarter (emailed in Excel and uploaded to NMLS).
• Operators must use blockchain analytics to prevent sends to wallets known to be tied to fraud, and keep a written anti-fraud policy.
• Operators must employ a full-time compliance officer who owns no more than 20% of the operator.
• Operators must provide live customer service at least Monday-Friday starting 8:00 a.m. The closing hour was not confirmed.
• Fraud victims of an operator violating the law may sue the operator.

Sources: 6 O.S. 1520 Definitions (Laws 2025, c. 363, eff. 2025-11-01) · 6 O.S. 1520.1 Digital asset kiosk operators · SB 1083 bill information (2025) · Oklahoma Senate 2025 Session Highlights (SB 1083 under veto overrides) · Oklahoma Senate press release, Sen. Weaver final approval of SB 1083

Bills and changes to watch

• No 2026 bill amending 6 O.S. 1520-1520.1 was found.

Practical hurdles

• A $500,000 bond for kiosk operators, plus a $50 fee per kiosk location.
• Pre-notification before placing or moving any kiosk, plus quarterly location reports in two channels (email and NMLS).
• Full refunds owed to new customers who were defrauded and report within 14 days, and fee refunds owed to existing customers.

What we couldn't confirm

• The closing hour of the required live customer service window (the statute text was cut off after 'Monday through Friday from 8:00 a.m.').
• Whether Oklahoma has adopted the MTMA.
• The exact date of the veto override and gubernatorial veto. The Banking Department memo says the legislature passed SB 1083 on 2025-05-29.
• No Oklahoma AG actions against kiosk operators and no local ordinances were found.