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