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Tennessee Bans Crypto ATMs, Second State to Crack Down on Bitcoin Kiosks

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Source: Decrypt
Tennessee Bans Crypto ATMs, Second State to Crack Down on Bitcoin Kiosks
Photo: Decrypt
TL;DR

Tennessee signed House Bill 2505, making it illegal to own or operate Bitcoin and other crypto ATMs, with violations classified as a Class A misdemeanor. The ban, set to take effect July 1, 2026, makes Tennessee the second state after Indiana to outlaw these kiosks. There are about 651 crypto ATMs in the state, many clustered around Nashville, and supporters say the move aims to curb scams targeting seniors.

Topics:businesslaw#bitcoin#crypto-atms#cryptocurrency#hb2505#law#tennessee
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  1. Tennessee Becomes Second State to Outlaw Bitcoin, Crypto ATMs  Decrypt
  2. Bitcoin ATMs tied to millions in scams now banned in an Eastern WA city  Tri-City Herald
  3. Tennessee Prohibits Virtual Currency Kiosks  JD Supra
  4. Kennewick, Washington bans crypto ATMs  ATM Marketplace
  5. Anacortes bans cryptocurrency kiosks  goSkagit

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