Nebraska, USA signs Bitcoin ATM regulatory bill

ChainCatcher News, Nebraska Governor Jim Pillen officially signed the LB609 bill this Wednesday, implementing regulations on Bitcoin ATMs and other electronic transaction terminals to prevent fraud and protect consumer rights. The bill requires Bitcoin ATM operators to clearly disclose all terms of use and provide users with prominent anti-fraud warnings.

In addition, users who report fraudulent activities to operators and law enforcement within 90 days can receive a full refund.