Bitcoin in North Dakota: what to know
North Dakota limits crypto ATM (kiosk) purchases: $2,000/day per customer. Crypto gains are taxed as income, but 40% of net long-term capital gains are excluded. The state does not accept crypto for tax payments.
Bitcoin has one price in US dollars across the country: the price on this page is the same as on the bitcoin price in the United States page, where federal tax rules are covered in full. What differs in North Dakota is state law and tax, explained below.
Crypto ATMs in North Dakota
HB 1447 (2025) limits kiosk transactions and requires disclosures, receipts, fraud detection, blockchain analytics and live customer service. Operators must be licensed money transmitters (NDCC 13-09.1-50). Scammers often tell victims to pay through crypto ATMs: no government agency, bank or utility asks for payment in bitcoin.
Buying bitcoin in North Dakota
Exchanges and other crypto businesses serving North Dakota residents generally need a state money-transmitter license. Buying bitcoin carries no sales tax; you pay the exchange's spread and fees.
Tax on bitcoin in North Dakota
Crypto gains are taxed as income, but 40% of net long-term capital gains are excluded. The state does not accept crypto for tax payments. Federally, the IRS treats bitcoin as property: selling, trading or spending it is a taxable event, with short-term gains (held a year or less) taxed as ordinary income and long-term gains at 0%, 15% or 20%; bitcoin received as pay or from mining is income. Exchanges and other custodial brokers report sales on Form 1099-DA: gross proceeds for sales from 1 January 2025, and cost basis for many sales from 1 January 2026. Every Form 1040 asks whether you received or disposed of a digital asset.
State bitcoin reserve
A 2025 reserve bill (HB 1184) was defeated in the House in February 2025.
Legal and tax information last reviewed October 2026. Crypto rules change quickly — check with the regulator or tax authority, or a qualified adviser, before acting. This is not tax, legal or investment advice.