Arizona Rep. David Marshall introduced House Bill 2387, which proposes strict regulation of cryptocurrency ATM operations. This follows a series of such incidents in the state, including a woman who was defrauded of $17,000 by scammers. The proposed bill would implement several protections, including:
Daily trading limit of $1000
Mandatory state operator licensing
Required refund policy options
Arizona congressman proposes new bill to curb bitcoin ATM fraud
2025-02-09 01:59:31
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