Wisconsin’s New Bill AB471 Seeks to Simplify Crypto Operations with License Exemptions
Lawmakers in Wisconsin have unveiled Assembly Bill 471, a significant legislative proposal aimed at easing regulatory burdens for cryptocurrency activities within the state. If passed, the bill would spare individuals and businesses from the requirement of obtaining a money transmitter license when engaging in various crypto-related activities, such as mining, staking, and exchanging digital assets. According to a document released by the Wisconsin Legislative Reference Bureau, the proposed legislation strives to delineate the exemptions from the licensing obligations imposed by the Department of Financial Institutions (DFI) for activities associated with money transmission. Specifically, the bill outlines that anyone involved in












