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Minnesota Weighs Total Ban on Bitcoin and Crypto ATMs
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Minnesota Weighs Total Ban on Bitcoin and Crypto ATMs

by Decrypt
written by Decrypt 0 comments
Minnesota Weighs Total Ban on Bitcoin and Crypto ATMs

In brief

  • Lawmakers in Minnesota are considering a total ban on crypto ATMs.
  • The state passed a regulatory framework for the machines in 2024.
  • Countries like New Zealand have recently imposed sweeping bans.

Lawmakers in Minnesota are considering a total ban on crypto ATMs, with legislation introduced earlier this week in response to a growing number of scams against the elderly.

Introduced on Monday by Rep. Erin Koegel, who serves as co-chair of the state’s House Finance and Policy Committee, HF 3642…

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