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2 clusters · 2 sources · 15 days · First seen · Last updated

U.S. state cryptocurrency kiosk bans

Overview

U.S. states are increasingly implementing bans on cryptocurrency ATMs and kiosks in response to significant financial losses caused by digital asset scams.

In Texas, lawmakers are moving toward an outright ban following reports that residents lost approximately $57 million to kiosk scams in 2025. State leadership has ordered committees to study kiosk regulation and elder fraud, with plans to introduce formal legislation during the 2027 session.

Following a similar trend, Hawaii has enacted a statewide ban through House Bill 1642. Governor Josh Green signed the law after FBI data indicated that Hawaii residents suffered roughly $80 million in losses related to crypto activities in 2025. The ban prohibits the ownership, operation, or management of kiosks that exchange U.S. currency for digital assets, joining other states such as Indiana, Tennessee, and Minnesota in restricting the technology.

Entities

Federal Bureau of Investigation · Internet Crime Complaint Center · Bitcoin Depot · Josh Green · CoinATMRadar

Timeline

  1. 1 day ago

    [BUSINESS] 2 sources
    Hawaii enacts statewide ban on cryptocurrency ATMs

    Hawaii has banned cryptocurrency ATMs and kiosks following $80 million in reported losses from digital asset scams involving state residents.

  2. 15 days ago

    [POLITICS] 4 sources
    Texas lawmakers move to ban crypto kiosks after $57M fraud losses

    Texas reported $57 million in crypto kiosk fraud losses in 2025, prompting state lawmakers to pursue an outright ban, joining other states and a pending federal bill targeting kiosk scams.

Sources

cointelegraph.com · en.coin-turk.com