Wisconsin lawmakers tackle cryptocurrency policies in 2025

State lawmakers in Wisconsin addressed fintech and cryptocurrency issues in 2025 through new legislation. Key focuses included bitcoin reserves, crypto ATMs, and earned wage access. Efforts also targeted stablecoins and regulations to combat scams.

In 2025, Wisconsin's state lawmakers turned their attention to the evolving landscape of fintech policy, particularly in the realm of cryptocurrency. Legislation introduced during the year aimed to establish frameworks for bitcoin reserves, allowing the state to hold digital assets as part of its financial strategy. Proposals also covered the deployment of crypto ATMs to facilitate easier access to digital currencies for residents.

Earned wage access (EWA) programs, which enable workers to receive pay before payday, were another area of focus, integrating fintech innovations into labor finance. Lawmakers introduced bills to regulate stablecoins, seeking to ensure stability and oversight in these pegged digital assets. To protect consumers, new regulations were proposed to combat cryptocurrency scams, addressing rising concerns over fraud in the sector.

This policy push reflects broader national trends in digital finance, with Wisconsin positioning itself to balance innovation and security. The initiatives build on ongoing discussions about integrating blockchain technology into state operations.

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Indiana Rep. Kyle Pierce presents crypto ETF investment bill HB 1042 at Statehouse hearing with digital asset charts.
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Indiana advances bill for crypto ETFs in state funds

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Indiana lawmakers are pushing House Bill 1042 to allow state pension and savings plans to invest in cryptocurrency exchange-traded funds while preventing local restrictions on digital asset activities. The proposal, introduced by Rep. Kyle Pierce, received an early hearing amid growing national interest in crypto. It aims to position the state as a leader in blockchain technology without permitting direct crypto purchases.

Indiana state lawmakers are advancing House Bill 1116 to impose new rules on cryptocurrency ATMs, aiming to protect consumers from rising fraud. The bill introduces transaction limits and fee caps in response to scams that have cost residents hundreds of thousands of dollars. Supporters highlight protections for vulnerable groups, while industry representatives express concerns over business impacts.

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Indiana State Representative Kyle Pierce has argued that cryptocurrency legislation should not focus solely on Bitcoin. In a statement to Decrypt, he emphasized that while Bitcoin was the first digital asset, other cryptocurrencies deserve equal consideration in regulatory efforts. The comments highlight ongoing debates in U.S. policy circles about digital asset regulation.

Despite market volatility erasing most yearly gains, 2025 marked cryptocurrency's deeper integration into traditional finance through regulatory clarity and stablecoin adoption. Banks and fintech firms expanded offerings, viewing crypto as infrastructure rather than speculation. This evolution highlighted a move from hype to practical execution.

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US senators introduced a draft bill on January 13, 2026, aimed at creating a regulatory framework for cryptocurrencies, clarifying jurisdiction between the SEC and CFTC. The Clarity Act seeks to boost digital asset adoption but faces criticism over provisions favoring banks and insufficient investor protections. A markup session is scheduled for January 15 in the Senate Banking Committee.

The CLARITY Act, aimed at regulating digital assets, has stalled in the US Senate after passing the House in July 2025. Coinbase's withdrawal of support has split the crypto industry, jeopardizing the bill's passage before midterm elections. Debates over amendments, including stablecoin yields and surveillance powers, dominate discussions into 2026.

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State Representative Russell Bedsole has introduced House Bill 303 to regulate cryptocurrency ATMs and protect Alabamians from fraud. The legislation responds to a surge in scams that have cost residents hundreds of thousands of dollars. If enacted, it would impose limits similar to those on traditional bank ATMs.

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