Encryption ATM bans added in two more states, and seniors are the worst hit—so whose “blame bucket” should this be on: the technology’s, or the regulators’?

Lawmakers in Delaware and New Jersey are advancing bills to comprehensively ban crypto ATMs, arguing that such machines are widely used for scams. The Delaware House Committee on Economic Development has submitted the relevant bill for full chamber review, and the New Jersey Senate Committee on Commerce has also unanimously passed a similar bill, intending to ban the possession, installation, operation, or sale of crypto ATMs. Reports say that the U.S. has already seen comprehensive bans on crypto ATMs enacted in three states: Indiana, Tennessee, and Minnesota. FBI data shows that in 2025, nearly 13,500 complaints involving crypto ATMs were received, with losses exceeding $388 million. The number of complaints increased by 23% year over year, and the loss amount rose by 58% year over year, with more than half of the complaints coming from people aged over 50. (Cointelegraph)