Tennessee Governor Bans Cryptocurrency ATMs
Tennessee has become the second U.S. state to implement a ban on cryptocurrency ATMs. The legislative action follows concerns regarding widespread scams associated with the machines. Governor Bill Lee signed legislation to ban cryptocurrency ATMs in Tennessee. The ban aims to prevent scammers from using the kiosks to steal funds from residents.
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Sources · 7 independent
Mastodon
“Tennessee becomes second state to ban cryptocurrency ATMs over scam concerns”
Bluesky Social
“Tennessee Gov. Bill Lee signed a bill late last week to ban cryptocurrency ATMs outright over concerns that the kiosks are being used by scammers to steal money”
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