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Crypto ATM bans and restrictions in Tennessee and Georgia have taken effect.

MarsBitNews
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Mars Finance News, as reported by Cointelegraph, new regulations for cryptocurrency ATMs in the U.S. states of Tennessee and Georgia took effect on July 1, with Tennessee implementing a complete ban and Georgia requiring transaction limits and reporting obligations. Previously, Indiana had implemented a ban in March, and Minnesota will enforce a similar ban on August 1. Tennessee had approximately 185 crypto ATMs and kiosks in operation before the ban took effect. Multiple local governments have taken action due to frequent incidents in which residents, especially the elderly, are induced by scammers to transfer funds via crypto ATMs. Legislators in Delaware and New Jersey have proposed similar comprehensive ban proposals.
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