World · Regulation · United States ·
Hawaii to ban cryptocurrency ATMs effective October 1
Hawaii will join Minnesota, Tennessee and Indiana as the fourth US state to completely ban the use of cryptocurrency ATMs and kiosks, citing scam prevention.
Why it matters for the crypto market
Continuing state-level restriction on crypto ATM access narrows retail onboarding channels and reflects regulatory concern about fraud risk in point-of-sale crypto services.
Source: cointelegraph.com
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