Texas Lawmakers Consider Banning Bitcoin ATMs Amid $57M Scam Losses
Texas Lawmakers Consider Banning Bitcoin ATMs Amid $57M Scam Losses
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Texas is contemplating a ban on crypto kiosks, following reported scams that have cost Texans $57 million. This move comes as other states have already outlawed Bitcoin ATMs, indicating a growing regulatory push beyond simple regulation.
Crypto Kiosk Scams Cost Texans $57M as Lawmakers Weigh a Ban
Three states have already outlawed Bitcoin ATMs, and a committee chair says Texas will go further than regulating them.