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Texas lawmakers consider ban on crypto kiosk scams costing $57M

Texas lawmakers are weighing a ban on crypto kiosks after $57M in scam losses. Three states have already outlawed Bitcoin ATMs nationwide.

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cryptobriefing.comStai leggendo4 g fa

Texas lawmakers consider ban on crypto kiosk scams costing $57M

Rep. Cole Hefner plans legislation to ban crypto kiosks in Texas after the state reported $57M in fraud losses in 2025. The ban follows Indiana, Tennessee, and Minnesota, signaling regulatory consolidation that will force crypto operators toward compliance-heavy, multi-state strategies.

originale

decrypt.co4 g fa

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

Texas crypto kiosk losses hit $56.8M in 2025, the highest in the nation; national losses rose 58% to $389M. AI-generated fraud and Chinese money laundering drive the scheme. Indiana, Tennessee, and Minnesota banned kiosks; Texas is weighing a ban.

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Timeline cronologica

venerdì 31 luglio 2026·decrypt.co
Crypto Kiosk Scams Cost Texans $57M as Lawmakers Weigh a Ban - Decrypt
Three states have already outlawed Bitcoin ATMs, and a committee chair says Texas will go further than regulating them.
venerdì 31 luglio 2026·cryptobriefing.com
Texas lawmakers consider ban on crypto kiosk scams costing $57M
Texas lawmakers are weighing a ban on crypto kiosks after $57M in scam losses. Three states have already outlawed Bitcoin ATMs nationwide.

Texas lawmakers consider ban on crypto kiosk scams costing $57M

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

Timeline cronologica

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

Texas lawmakers consider ban on crypto kiosk scams costing $57M

Minnesota bans crypto kiosks after residents lost nearly $1M to scams