Nebraska — Bitcoin and virtual-currency law

• Jurisdiction: State of Nebraska (US)
• Date checked: 2026-10-09 (all statuses below were checked on this date unless another date is given)
• Regulator: Nebraska Department of Banking and Finance (NDBF)
• Legislature: unicameral; 109th Legislature, 2026 session adjourned April 2026; next session January 2027.
• Saved primary sources: sources/states/ne/ (see sources/states/ne/INDEX.md)

At a glance

1. Money-transmitter licensing of virtual currency

• LB 474 (2025), Banking, Commerce and Insurance Committee (Chair Jacobson). Approved by the Governor 2025-05-20. Amends §§ 8-2701 to 8-2742 (Nebraska Money Transmitters Act) to adopt the Money Transmission Modernization Act. Definition: "Monetary value means a medium of exchange, whether or not redeemable in money." Full slip law saved: sources/states/ne/ne-2025-lb474-money-transmitters-act-mtma-slip.pdf. [S2]
• CSBS: "Nebraska Money Transmitters Act," full MTMA, effective 2025-10-01; virtual-currency title: No. [S8][S9]
• LB 717 (2026), Sen. Jacobson, approved 2026-02-25: annual banking update; changes the Money Transmitters Act, the Controllable Electronic Record Fraud Prevention Act cross-references and digital asset depository provisions; per CSBS it exempts small payroll processors (fewer than 20 employees or serving fewer than 50 Nebraska employees, with clean records) from the Money Transmitters Act, effective 2026-02-26. [S5][S9]
• Uniform acts: Nebraska saw URVCBA introductions in past years (unverified); it has not enacted the URVCBA or the Uniform Money Services Act (CSBS and NCSL lists checked show no such enactment). [S8][S7]

2. Virtual-currency-specific statutes

Digital asset depositories in practice: Telcoin Digital Asset Bank received final charter approval on 2025-11-12 (founder Paul Neuner: "Our charter makes history…"); it was reported to launch a stablecoin, eUSD, at approval, with operations reported starting in December 2025. [N1][N2] Whether it is the first such charter is stated in some headlines ("first-ever regulated digital asset…") but not in the article read (unverified). [N3]

3. Crypto ATM / kiosk law

LB 609 (2025) — Controllable Electronic Record Fraud Prevention Act (Sen. Bostar). Approved by the Governor 2025-03-11. The slip law has no emergency clause or operative date, so under Nebraska's general rule it took effect three calendar months after the 2025 session adjourned — about September 2025 (exact date unverified). Full slip law saved: sources/states/ne/ne-2025-lb609-controllable-electronic-record-fraud-prevention-act-slip.pdf. [S1]

• A kiosk operator may not do business with a person unless it holds a licence under the Nebraska Money Transmitters Act.
• Mandatory bold fraud warning text (scam contact by strangers, fake government/tech-support calls, etc.) and disclosures (not legal tender, delays, volatility, irreversibility).
• Daily limits per customer across all the operator's kiosks: $2,000 for new customers; $10,500 for existing customers (Sec. 8).
• Fee cap: all fees and spread together may not exceed 18% of the dollar value (Sec. 9).
• Refunds: a new customer fraudulently induced who tells the operator and a law-enforcement or government agency within 30 days gets a full refund including fees; an existing customer gets the fees refunded (Sec. 7).
• Live customer service Monday–Friday 7 a.m.–9 p.m. via toll-free number; a compliance officer (owning no more than 20% of the operator); receipts. [S1]

4. Tax treatment

• No Nebraska Department of Revenue guidance on virtual currency was found in this check (gap). Nebraska's individual income tax starts from federal AGI, so federal property treatment of Bitcoin would carry through (general knowledge; unverified).
• 2024 LB 1305 (no tax on gold/silver bullion; NCSL) failed; no crypto-specific tax exemption has been enacted. [S7]

5. Notable enforcement

• No Nebraska-specific crypto enforcement action was found in the searches run (gap). In the October 2026 Coinme multistate consent order, Nebraska is a participating state (Appendix A); its share of the $2.2M administrative penalty is $24,531.26 (Appendix B) Coinme consent order, App. A–B (completeness check, 2026-10-09). [N4]

6. Pending and recently failed bills

No Nebraska strategic-Bitcoin-reserve bill was found in the NCSL lists for 2024–2026 (gap: earlier years not checked).

7. Contested and fringe claims (flagged, not endorsed)

• "Digital asset banks make history." Telcoin's founder framed its charter as historic for US banking; critics of state crypto charters (e.g., federal bank regulators in the Custodia litigation — see us-state-wy.md) argue such institutions carry novel risks. [N1] Promotional vs. regulatory views.
• Kiosk fee cap of 18% is higher than caps in some other states (e.g., 3% proposed in New York — see us-state-ny.md; 12% in North Carolina — see us-state-nc.md) — consumer groups such as AARP have pushed for lower caps; industry argues kiosks have high costs. Policy dispute; AARP position on Nebraska not read directly — unverified.

Sources

Saved full copies are in sources/states/ne/.

• [S1] Nebraska Legislature, LB 609 (2025) slip law, approved 2025-03-11. https://nebraskalegislature.gov/FloorDocs/109/PDF/Slip/LB609.pdf — retrieved 2026-10-09 — saved ne-2025-lb609-controllable-electronic-record-fraud-prevention-act-slip.pdf
• [S2] Nebraska Legislature, LB 474 (2025) slip law, approved 2025-05-20. https://nebraskalegislature.gov/FloorDocs/109/PDF/Slip/LB474.pdf — saved ne-2025-lb474-money-transmitters-act-mtma-slip.pdf
• [S3] Nebraska Legislature, LB 526 (2025) slip law, approved 2025-05-20. https://nebraskalegislature.gov/FloorDocs/109/PDF/Slip/LB526.pdf — saved ne-2025-lb526-cryptocurrency-mining-slip.pdf
• [S4] Nebraska Legislature, LB 649 (2021) slip law, approved 2021-05-25. https://nebraskalegislature.gov/FloorDocs/107/PDF/Slip/LB649.pdf — saved ne-2021-lb649-financial-innovation-act-slip.pdf
• [S5] Nebraska Legislature, LB 717 (2026) bill page. https://nebraskalegislature.gov/bills/search_by_number.php?DocumentNumber=LB717 — read 2026-10-09
• [S6] Nebraska Legislature, LB 1111 (2026) bill page. https://nebraskalegislature.gov/bills/search_by_number.php?DocumentNumber=LB1111 — read 2026-10-09
• [S7] NCSL, cryptocurrency legislation pages for 2024, 2025, 2026. https://www.ncsl.org/financial-services/cryptocurrency-digital-or-virtual-currency-and-digital-assets-2026-legislation (and the -2025- and -2024- pages) — read 2026-10-09
• [S8] CSBS, MTMA State Enactments (PDF dated 2026-10-08). https://www.csbs.org/sites/default/files/external-link-files/10.8.26%20MTMA%20State%20Enactments.pdf
• [S9] CSBS, MTMA legislative update (August 2026). https://www.csbs.org/mtma-legislative-update-august-2026
• [N1] Yahoo Finance, "Telcoin Digital Asset Bank nabs final charter approval," 2025-11-12. https://finance.yahoo.com/news/telcoin-digital-asset-bank-nabs-143614854.html — summary only
• [N2] Crowdfund Insider, "Telcoin Starts Digital Asset Banking Operations with eUSD Stablecoin," December 2025 (headline seen only). https://www.crowdfundinsider.com/2025/12/256922-telcoin-starts-digital-asset-banking-operations-with-eusd-stablecoin
• [N3] Silicon Prairie News, "Nebraska grants approval for Telcoin to open the first-ever regulated digital asset…," November 2025 (headline seen only). https://siliconprairienews.com/2025/11/nebraska-grants-approval-for-telcoin-to-open-the-first-ever-regulated-digital-a
• [N4] Washington DFI press release, 2026-10-08, Coinme multistate consent order. https://dfi.wa.gov/news/press/washington-state-dfi-enters-multi-state-consent-order-coinme-inc