Crypto Kiosk Scams Cost Texans $57M as Lawmakers Weigh a Ban

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Crypto Kiosk Scams Cost Texans $57M as Lawmakers Weigh a Ban

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Crypto kiosk scams are reportedly costing Texans $57 million, prompting lawmakers to consider a ban. Three states have already outlawed Bitcoin ATMs, and a committee chair says Texas will go further than mere regulation. This move could set a precedent for other states, potentially limiting access to cryptocurrency for millions of users nationwide.

Three states have already outlawed Bitcoin ATMs, and a committee chair says Texas will go further than regulating them.