Connect with us

North Dakota

North Dakota Senate passes bill to regulate crypto ATMs

Published

on

North Dakota Senate passes bill to regulate crypto ATMs


A North Dakota bill that places various safeguards on cryptocurrency ATMs, including a daily transaction cap and mandatory fraud warnings, has passed the Senate.

On March 18, House Bill 1447 cleared the Senate in a 45-to-1 vote, bringing it a step closer to becoming law. The bill, introduced in January, is designed to curb scams and tighten oversight of crypto ATM operators.

If signed into law, the bill would require ATM operators to be licensed as money transmitters and enforce a $2,000 daily transaction limit across their machines. It also mandates fraud warning notices at kiosks and quarterly reports on ATM locations, transaction data, and operator details.

As previously reported by crypto.news, the bill originally proposed a $1,000 daily cap, but lawmakers later adjusted the limit to $2,000 for the first five transactions within 30 days. Now, the Senate has simplified it to a straight $2,000 cap per day.

Advertisement

Additionally, operators must use blockchain analytics to flag suspicious activity and report potential fraud to authorities. 

The bill now heads back to the House for approval of these changes before landing on Governor Kelly Armstrong’s desk.

As crypto ATM scams become more popular, the bill aims to introduce much-needed safeguards to protect residents from financial losses. 

During a Jan. 22 hearing, Lisa Kruse, North Dakota’s financial institutions commissioner, noted that locals had filed 103 crypto scam complaints with the FBI in 2023, with reported losses hitting $6.5 million.

Advertisement

Meanwhile, House Representative Steve Swiontek, who sponsored the bill, argued that the lack of regulation made crypto ATMs an easy target for crypto scammers.

Crypto ATMs are widely available across the US, with nearly 30,000 machines in operation. However, increasing fraud cases have pushed regulators to introduce new laws aimed at cracking down on misuse.

Last week, Nebraska Governor Jim Pillen signed a similar bill into law, tightening rules for crypto ATM operators. The Controllable Electronic Record Fraud Prevention Act, part of Legislative Bill 609, introduced new licensing and reporting requirements to curb fraud.



Source link

Advertisement

North Dakota

Grand Jury indicts North Dakota woman in fatal DUI crash on Reservation

Published

on

Grand Jury indicts North Dakota woman in fatal DUI crash on Reservation


FARGO, N.D. (Valley News Live) -A North Dakota woman is facing a federal involuntary manslaughter charge after a deadly crash on an American Indian reservation last fall.

A federal grand jury indicted Brittany Renne Laverdure on April 22, 2026, accusing her of killing a person while driving under the influence of multiple substances on or about Sept. 21, 2025, in Indian country in North Dakota.

Because the incident occurred in Indian country, the case falls under federal jurisdiction, specifically under 18 U.S.C. § 1153, which gives the federal government authority to prosecute certain crimes committed by Native Americans on tribal lands. The indictment identifies Laverdure as an Indian under that statute.

According to the indictment, Laverdure acted with “wanton and reckless disregard for human life amounting to gross negligence.” Prosecutors say she attempted to make a U-turn and pulled into oncoming traffic while impaired, without due care for the safety of others.

Advertisement

The victim’s name is not being reported at this time and court documents did not provide any further details on the incident.

An arrest warrant was issued April 23, 2026 and a special agent with the FBI arrested Laverdure on April 28, 2026, in Grand Forks.

Laverdure is scheduled to stand trial June 23, 2026, before U.S. District Judge Peter D. Welte in Fargo. The trial is expected to last four days.

Involuntary manslaughter under federal law carries a maximum sentence of eight years in prison.

Copyright 2026 KVLY. All rights reserved.

Advertisement



Source link

Continue Reading

North Dakota

North Dakotans split on Iran conflict amid economic concerns

Published

on

North Dakotans split on Iran conflict amid economic concerns


As the conflict in Iran continues to drive up gas, fertilizer and food costs, a new poll showed North Dakotans are split on supporting military action there. The poll by the North Dakota News Cooperative shows more than 25% of respondents said it is the most pressing issue facing the country right now. Among respondents, 50% are in favor of U.S. military action in Iran, while 48% oppose it. Mark Jendrysik, professor of political science at the…



Source link

Continue Reading

North Dakota

State’s new junior duck stamp overall winner is 9-year veteran of contest

Published

on

State’s new junior duck stamp overall winner is 9-year veteran of contest


BISMARCK, N.D. (KFYR) – North Dakota has a new junior duck stamp winner.

On Saturday afternoon, the U.S. Fish and Wildlife Service held an awards ceremony for the state contest at the Heritage Center in Bismarck. 900 kids submitted entries.

16-year old, Gabe Coleman, from Baldwin, took first place overall with his entry which is an acrylic painting of a pair of blue-winged teal. Gabe has been entering the contest since he was in kindergarten, but this year is the first time he took best of show.

“For all my nine years, this is what I have been trying to do, and I finally achieved it this year. To win it is actually amazing”, said Coleman, who is a homeschooled sophomore.

Advertisement

Coleman has another reason to celebrate. As the top finisher in the state, his winning artwork advanced to the national competition. He ranked among the top 15 out of 13-thousand entries in the national contest.

Runner-Up Best of Show (Second Place) in the North Dakota contest this year went to first time-entrant Kamryn Nissen from Grand Forks. Kamryn, a sophomore at Thompson Public School, used colored pencils to design her entry of a mallard drake in eclipse plumage.

The Conservation Message winner was Brandi Agnew, a seventh grader from Menoken, with her message: “Protect the prairie; preserve the hunt.”

The call for entries is an educational program that uses science and art to encourage students to explore wildlife, conservation, and recreation.

Copyright 2026 KFYR. All rights reserved.

Advertisement



Source link

Continue Reading
Advertisement

Trending