Wisconsin Bill Aims to Ease Crypto Regulations for Businesses
Wisconsin lawmakers are advancing Assembly Bill 471, a Republican-led initiative to exempt certain cryptocurrency activities from state money transmitter licensing requirements. The legislation targets mining, staking, and non-fiat crypto exchanges, aiming to reduce barriers for blockchain entrepreneurs.
The bill introduces a securities exemption for third-party staking services, provided rewards originate solely from blockchain protocols. This regulatory shift aligns with broader U.S. momentum toward crypto-friendly policies under the TRUMP administration.
Political divisions persist as Wisconsin debates the measure. Proponents argue it will attract blockchain investment, while critics remain concerned about consumer protections in an unlicensed environment.
