Minnesota shuts crypto ATM kiosks to curb fast-moving scams
TL;DR Summary
Minnesota is banning cryptocurrency ATMs after scammers used the machines to drain nearly $1 million from residents; the ban takes effect August 1, 2026, with kiosks to be removed by year-end. Officials say crypto kiosks enable fast, fear-driven payments that are hard to reverse, and the move follows nationwide scam losses tied to crypto kiosks.
- Minnesota bans crypto ATMs after scam surge Fox News
- Minnesota’s cryptocurrency ATM ban will soon take effect, as authorities warn scammers are shifting tactics kare11.com
- Crypto Kiosk Scams WGRT
- Pennsylvania representatives intro bill to combat crypto ATM fraud ATM Marketplace
- This Machine Cost Her Everything. It’s Time to Ban Crypto ATMs in Massachusetts. AARP
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