Cryptocurrency ATMs are vanishing rapidly across the United States, with two states activating new laws on July 1 that either ban the machines entirely or impose sharp operating restrictions
Cryptocurrency ATMs are vanishing rapidly across the United States, with two states activating new laws on July 1 that either ban the machines entirely or impose sharp operating restrictions on them.
Tennessee’s law, signed by Governor Bill Lee in April, prohibits the use and installation of all cryptocurrency ATMs and kiosks statewide. At the time the ban took effect, 185 crypto ATMs and kiosks were operating in Tennessee, according to CoinATMRadar data.
