ATMs
Spokane, Washington, has enacted one of the nation's first bans on cryptocurrency ATMs in response to surging local fraud cases, including devastating victim losses. City leaders, addressing challenges in prosecuting overseas scammers, hope to spur statewide restrictions amid similar moves elsewhere.
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Bitcoin ATMs across the United States have become a major channel for financial scams, with federal data showing losses exceeding $333 million in 2025. Regulators are intensifying scrutiny on the roughly 31,000 kiosks, viewing them as a systemic risk rather than just an educational challenge. The fraud disproportionately affects older Americans, prompting calls for stricter controls.