Congress Targets Crypto ATMs After Americans Lose $333M to Scams
By Kevin Helms | 2026-06-15 03:30:53 | 3 months ago
Lawmakers are seeking to curb crypto ATM fraud with a bipartisan bill that would set transaction limits, mandate scam warnings, and require transaction records and updated kiosk location records.
The proposal follows FBI-cited losses of more than $333 million, with older Americans accounting for most known-age financial losses.
Bipartisan Bill Would Set Crypto ATM Limits
keywords : Regulation|ATM|Congress
sentiment : NEGATIVE
category data : REGULATION | CRYPTOCURRENCY