Cointelegraph reports that new regulations for cryptocurrency ATMs in the U.S. states of Tennessee and Georgia took effect on July 1. Tennessee has implemented a comprehensive ban, while Georgia requires transaction limits and reporting obligations. Indiana already enacted a ban in March, and Minnesota will enforce a similar ban on August 1. Before the ban took effect, Tennessee had about 185 crypto ATMs and kiosks operating. Governments in multiple states have taken action as incidents have become frequent in which scammers lure residents into making transfers via crypto ATMs; lawmakers in Delaware and New Jersey have also introduced similar comprehensive ban proposals.

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GateUser-94818fd0
· 2h ago
185 machines shut down just like that, Tennessee's move is pretty ruthless.
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TransparentDome
· 2h ago
The ATM ban is back again—feels like treating the symptoms, not the root problem. Scammers will just keep operating through another channel as usual.
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LeverageWhisperer
· 2h ago
New Jersey is also proposing, the East Coast is quick to follow the trend.
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PurpleMistLily
· 2h ago
I wonder what these ATM operators are doing now, selling the equipment as scrap?
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0xLateComer
· 2h ago
Minnesota follows in August—looks like the Midwest is about to connect as one.
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