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Congress Targets Crypto ATMs After Americans Lose $333M to Scams

By Kevin Helms | 2026-06-15 03:30:53 | 3 months ago

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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