Wisconsin 2025 Regular Session Status: To Executive Bipartisan · 18 R · 11 D cosponsors

AB 968 — Relating to: virtual currency kiosks.

Last action — Published 4-9-2026

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed Assembly
  4. ✓
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill has been sent to the executive. Introduced January 30, 2026. It awaits signature.

Next likely step: the executive signs it into law or issues a veto.

Prognosis

Likely to advance 90% · high confidence

Where this bill stands today.

Odds of enactment

Moderate

How often bills like it became law.

  • To Executive

    Current position in the legislative process.

  • 30 sponsors

    1 primary, 29 co-sponsors signed on.

  • Bipartisan support

    Sponsored across 2 parties (18 R · 11 D) — cross-party backing.

  • Cleared a recorded vote

    Passed 3 recorded votes so far.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Summary

An Act to create 217.12 of the statutes;

Bill Text

What changed in the latest version

153 added · 140 removed

Plain-language change summary

The changes to Assembly Bill 968 primarily involve the definitions related to virtual currency kiosks, which are machines where users can trade regular money for virtual currency. Notably, the revised bill clarifies the definition of a "virtual currency kiosk" by adding that it can facilitate transactions for converting virtual currency back to fiat currency as well. These adjustments are important because they broaden the scope of services these kiosks can provide and may impact regulatory oversight and consumer protections in virtual currency transactions.

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- 2026 LEGISLATURE LRBs0480/1 ARG:wlj/emw/cdc ASSEMBLY SUBSTITUTE AMENDMENT 2, TO ASSEMBLY BILL 968 February 18, 2026 - Offered by Representative S NYDER .
- 2026 LEGISLATURE LRB-5468/1 ARG:wlj&emw ASSEMBLY BILL 968 January 30, 2026 - Introduced by Representatives S NYDER , DOYLE, G UNDRUM , N OVAK, M ELOTIK, MC CARVILLE , AYLOR , ARMSTRONG , CALLAHAN , DESMIDT, D ITTRICH, DONOVAN , FITZGERALD , B.
JACOBSON , JOERS, KAUFERT , K NODL, K REIBICH, M URPHY, M URSAU , O'C ONNOR , ORTIZ-VELEZ, P ENTERMAN , PIWOWARCZYK , INICKI, PIROS , UBECK , UDELL and BILLINGS, cosponsored by Senator JAMES .
Referred to Committee on Financial Institutions.
The bill requires a virtual currency kiosk operator to affix a specified printed warning to the front of each virtual currency kiosk and to electronically display this warning on - 2026 Legislature - 2 - LRBs0480/1 ARG:wlj/emw/cdc S ECTION 1 the kiosk’s screen, which the customer must acknowledge to proceed with the transaction.
The bill requires a virtual currency kiosk operator to affix a specified printed warning to the front of each virtual currency kiosk and to electronically display this warning on the kiosk’s screen, which the customer must acknowledge to proceed with the transaction.
Before entering into an initial transaction with an individual, a virtual currency kiosk operator must verify the individual’s identity by collecting certain information, including the individual’s full legal name, date of birth, and contact information, and obtaining a copy of the individual’s driver’s license, passport, or other government-issued identification document.
Before entering - 2026 Legislature - 2 - LRB-5468/1 ARG:wlj&emw ASSEMBLY BILL 968 SECTION 1 into an initial transaction with an individual, a virtual currency kiosk operator must verify the individual’s identity by collecting certain information, including the individual’s full legal name, date of birth, and contact information, and obtaining a copy of the individual’s driver’s license, passport, or other government-issued identification document.
221.0303, remote - 2026 Legislature - 3 - LRBs0480/1 ARG:wlj/emw/cdc SECTION 1 service units under ss.
221.0303, remote service units under ss.
(b) “Fiat currency” means a medium of exchange that is authorized or adopted by the federal government as part of its currency and is not backed by a commodity.
- 2026 Legislature - 3 - LRB-5468/1 ARG:wlj&emw ASSEMBLY BILL 968 SECTION 1 (b) “Fiat currency” means a medium of exchange that is authorized or adopted by the federal government as part of its currency and is not backed by a commodity.
(2) L ICENSE REQUIRED.
(2) LICENSE REQUIRED .
or claiming your computer was hacked.IF SOMEONE YOU - 2026 Legislature - 4 - LRBs0480/1 ARG:wlj/emw/cdc SECTION 1 DON’T KNOW IS ASKING YOU TO SEND VIRTUAL CURRENCY FROM THIS MACHINE, DO NOT PROCEED WITH THE TRANSACTION.
or claiming your computer was hackedIF SOMEONE YOU DON’T KNOW IS ASKING YOU TO SEND VIRTUAL CURRENCY FROM THIS MACHINE, DO NOT PROCEED WITH THE TRANSACTION.
LOSSES DUE TO FRAUDULENT OR ACCIDENTAL TRANSACTIONS MAY NOT BE RECOVERABLE.
LOSSES DUE TO - 2026 Legislature - 4 - LRB-5468/1 ARG:wlj&emw ASSEMBLY BILL 968 SECTION 1 FRAUDULENT OR ACCIDENTAL TRANSACTIONS MAY NOT BE RECOVERABLE.
- 2026 Legislature - 5 - LRBs0480/1 ARG:wlj/emw/cdc S ECTION 1 (b) Identity verification for each transaction.
(b) Identity verification for each transaction.
1.
- 2026 Legislature - 5 - LRB-5468/1 ARG:wlj&emw ASSEMBLY BILL 968 SECTION 1 1.
A virtual currency kiosk operator may not accept from or dispense to a customer, by - 2026 Legislature - 6 - LRBs0480/1 ARG:wlj/emw/cdc SECTION 1 means of any virtual currency kiosk, more than a total of $1,000 in fiat currency in the same day.
A virtual currency kiosk operator may not accept from or dispense to a customer, by means of any virtual currency kiosk, more than a total of $500 in fiat currency in the same day.
(b) Fee limit.
A virtual currency kiosk operator may not collect fees or other - 2026 Legislature - 6 - LRB-5468/1 ARG:wlj&emw ASSEMBLY BILL 968 SECTION 1 charges from a customer in connection with a transaction that exceed the greater of $5 or 3 percent of the transaction amount.
For purposes of this paragraph, “fees or other charges” includes any difference between the price charged to a customer to buy, sell, exchange, or convert virtual currency and the prevailing market value of the virtual currency at the time of the transaction.
2.
- 2026 Legislature - 7 - LRB-5468/1 ARG:wlj&emw ASSEMBLY BILL 968 SECTION 1 2.
- 2026 Legislature - 7 - LRBs0480/1 ARG:wlj/emw/cdc SECTION 1 4.
4.
S ECTION 2.
SECTION 2.
(1) C USTOMER IDENTIFICATION REQUIREMENTS .
(1) USTOMER IDENTIFICATION REQUIREMENTS .
217.12 (4) first applies to transactions occurring on the 60th day after the effective date of this subsection.
217.12 (4) - 2026 Legislature - 8 - LRB-5468/1 ARG:wlj&emw ASSEMBLY BILL 968 S ECTION 2 first applies to transactions occurring on the 60th day after the effective date of this subsection.
(END )
END )
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Action History

  1. Published 4-9-2026

  2. Report approved by the Governor on 4-8-2026. 2025 Wisconsin Act 226

  3. Presented to the Governor on 4-2-2026

  4. Report correctly enrolled on 3-20-2026

  5. Senator Spreitzer added as a cosponsor

  6. Received from Senate concurred in

  7. Ordered immediately messaged

  8. Read a third time and concurred in, Ayes 33, Noes 0

  9. Rules suspended to give bill its third reading

  10. Ordered to a third reading

  11. Read a second time

  12. Senators Dassler-Alfheim, Smith and Drake added as cosponsors

  13. Rules suspended to withdraw from committee on Senate Organization and take up

  14. Available for scheduling

  15. Report concurrence recommended by Committee on Utilities, Technology and Tourism, Ayes 5, Noes 0

  16. Executive action taken

  17. Representative Brown added as a coauthor

  18. Public hearing held

  19. Read first time and referred to committee on Utilities, Technology and Tourism

  20. Received from Assembly

  21. Fiscal estimate received

  22. Ordered immediately messaged

  23. Read a third time and passed

  24. Rules suspended

  25. Ordered to a third reading

  26. Assembly Substitute Amendment 2 adopted

  27. Assembly Substitute Amendment 2 offered by Representative Snyder

  28. Read a second time

  29. Assembly Substitute Amendment 1 offered by Representative Neubauer

  30. Made a special order of business at 1:34 PM on 2-18-2026 pursuant to Assembly Resolution 13

  31. Representative Arney added as a coauthor

  32. Assembly Amendment 1 offered by Representative Snyder

  33. Representatives Stroud, Miresse and Anderson added as coauthors

  34. Withdrawn from Committee on Rules and referred to calendar of 2-17-2026

  35. Referred to committee on Rules

  36. Report passage recommended by Committee on Financial Institutions, Ayes 8, Noes 1

  37. Representative Stubbs added as a coauthor

  38. Executive action taken

  39. Representative Moore Omokunde added as a coauthor

  40. Public hearing held

  41. Representatives Kitchens and Franklin added as coauthors

  42. Representative Emerson added as a coauthor

  43. Representative Andraca added as a coauthor

  44. Read first time and referred to Committee on Financial Institutions

  45. Introduced by Representatives Snyder, Doyle, Gundrum, Novak, Melotik, McCarville, Taylor, Armstrong, Callahan, DeSmidt, Dittrich, Donovan, Fitzgerald, B. Jacobson, Joers, Kaufert, Knodl, Kreibich, Murphy, Mursau, O'Connor, Ortiz-Velez, Penterman, Piwowarczyk, Sinicki, Spiros, Subeck, Udell and Billings; cosponsored by Senator James

Sponsors

Sponsorship breakdown

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1 sponsors · 29 co-sponsors · 102 not signed on

Sponsors (1)

Co-sponsors (29)

Not signed on (102)

102 members have not signed on to this bill.

Show all 102 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Read a third time and concurred in

Passed 33 Yea · 0 Nay
Party YeaNayPresentNot Voting
Republican 18000
Democrat 12000
Unaffiliated 3000
Total 33000
% of votes cast 100%0%0%0%
How each member voted (33)
Member Party Vote
JOHNSON — Yea
DASSLER-ALFHEI — Yea
HABUSH SINYKIN — Yea
Carpenter, Tim Democrat Yea
Drake, Dora Democrat Yea
Hesselbein, Dianne Democrat Yea
Keyeski, Sarah Democrat Yea
Larson, Chris Democrat Yea
Pfaff, Brad Democrat Yea
Ratcliff, Melissa Democrat Yea
Roys, Kelda Democrat Yea
Smith, Jeff Democrat Yea
Spreitzer, Mark Democrat Yea
Wall, Jamie Democrat Yea
Wirch, Robert Democrat Yea
Bradley, Julian Republican Yea
Cabral-Guevara, Rachael Republican Yea
Felzkowski, Mary Republican Yea
Feyen, Dan Republican Yea
Hutton, Rob Republican Yea
Jacque, André Republican Yea
Jagler, John Republican Yea
James, Jesse Republican Yea
Kapenga, Chris Republican Yea
LeMahieu, Devin Republican Yea
Marklein, Howard Republican Yea
Nass, Steve Republican Yea
Quinn, Romaine Republican Yea
Stafsholt, Rob Republican Yea
Testin, Patrick Republican Yea
Tomczyk, Cory Republican Yea
Wanggaard, Van Republican Yea
Wimberger, Eric Republican Yea

Official roll call →

Subjects

public-safety finance technology
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does AB 968 do?
An Act to create 217.12 of the statutes;
Who sponsors AB 968?
AB 968 is sponsored by Snyder, Patrick (Republican), Doyle, Steve (Democrat), Gundrum, Rick (Republican), Novak, Todd (Republican), Melotik, Paul (Republican), McCarville, Maureen (Democrat), Taylor, Sequanna (Democrat), Armstrong, David (Republican), Callahan, Calvin (Republican), DeSmidt, Ben (Democrat), Dittrich, Barbara (Republican), Donovan, Bob (Republican), Fitzgerald, Joan (Democrat), Jacobson, Brent (Republican), Joers, Alex (Democrat), Kaufert, Dean (Republican), Knodl, Daniel (Republican), Kreibich, Rob (Republican), Murphy, David (Republican), Mursau, Jeffrey (Republican), O'Connor, Jerry (Republican), Ortiz-Velez, Sylvia (Democrat), James, Penterman, William (Republican), Piwowarczyk, Jim (Republican), Sinicki, Christine (Democrat), Spiros, John (Republican), Subeck, Lisa (Democrat), Udell, Randy (Democrat), and Billings, Jill (Democrat).
What is the current status of AB 968?
This bill has been sent to the executive. Introduced January 30, 2026. It awaits signature.
Where can I track AB 968?
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