Bill Introduced in Minnesota Legislature Would Ban Crypto Kiosks in Effort to Target Scams

Bill introduced in Minnesota Legislature would ban crypto kiosks in effort to target scams

Some Minnesota lawmakers and law enforcement members want to take action against crypto scams.

Minnesota Considers Ban on Bitcoin and Crypto ATMs as Scam Reports Rise

Minnesota is reportedly looking to ban the use of Bitcoin and crypto ATMs across the state. This comes particularly as the number of scams through this means has continued to rise. Lawmakers in Minnesota Introduce Bill to Ban Crypto ATMs A legislator in the state, Erin Koegel, has proposed a bill that seeks to prohibit The post Minnesota Considers Ban on Bitcoin and Crypto ATMs as Scam Reports Rise appeared first on CoinGape.

Minnesota Pushes Crypto ATM Ban In Crackdown On Digital Asset Fraud

Minnesota lawmakers are weighing a proposal that would prohibit Bitcoin (BTC) and other cryptocurrency kiosks across the state, as concerns mount over the role the machines play in financial scams. According to a CBS report, members of the Minnesota House Commerce Finance and Policy Committee took up the issue Thursday after DFL Rep. Erin Koegel, the committee’s co-chair, introduced House File 3642. The legislation would ban crypto kiosks common…

Minnesota Moves to Fully Ban Crypto ATMs With New 2025 House Bill

TLDR: Minnesota HF3642 would make it illegal for anyone to place or operate a crypto ATM in the state. The bill repeals Sections 53B.70–53B.75, erasing all existing kiosk licensing and compliance rules. New customers currently get full fraud refunds within 72 hours — a protection the ban would eliminate. Minnesota could become one of the first U.S. states to outright ban virtual currency kiosks entirely. Virtual currency kiosks in Minnesota fac…

Minnesota Moves to Ban Bitcoin ATMs Statewide Amid Elder Fraud Surge

Key Takeaways Minnesota is considering a statewide ban on Bitcoin ATMs under HF 3642. Lawmakers cite rising fraud, especially scams targeting seniors. Around $540,000 in losses were reported in 2025. Existing safeguards from 2024 are deemed ineffective. About 350 crypto kiosks would be shut down if the bill passes. House File 3642, introduced last week, would prohibit the placement and operation of all physical cryptocurrency kiosks across Minn…

Minnesota Weighs Ban on Crypto Kiosks After Scam Reports

A Minnesota lawmaker has introduced a bill that could ban virtual currency kiosks statewide after reports of scams tied to crypto ATMs. Bitcoin ATMs (CRYPTO: BTC) have emerged as a focal point in law-enforcement briefings, where operators have been accused of enabling irreversible transactions that are hard to trace. Rep. Erin Koegel unveiled House File 3642 during a Thursday session of the Commerce Finance and Policy Committee, arguing the tech…