A Complete Ban on Cryptocurrency ATMs? Minnesota State Considers Legislation Amid Rising Elder Fraud

2026/03/02 17:16 (Updated 2026/03/03 05:00)
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Written by N.Koda
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A Complete Ban on Cryptocurrency ATMs? Minnesota State Considers Legislation Amid Rising Elder Fraud

Considering a Ban on Cryptocurrency ATMs

On February 26, the Minnesota State Legislature discussed a bill, HF 3642, that seeks to ban all cryptocurrency ATMs within the state. Introduced by Representative Erin Koegel of the Minnesota Democratic-Farmer-Labor Party (DFL) to the House Commerce and Financial Policy Committee on February 23, HF 3642 aims to prohibit the installation and operation of 'cryptocurrency kiosks' statewide, allowing immediate transactions of cryptocurrencies via cash or debit cards...

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Iolite Vol.18

Iolite Vol.18

March 2026 issueReleased on 2026/01/30

Interview: Iolite FACE vol.18 Takeshi Chino, Representative Director, Binance Japan PHOTO & INTERVIEW: Mai Shin Special Features: “Future Money — The Current State of Value Transfer” “Upcoming Amendments to Japan’s Crypto Asset Regulations” “The Reality of IEOs” Crypto Journey Beyond a Treasury Company: Becoming an Ethereum Evangelist — The Essence and Determination Behind HODL1’s Digital Asset Treasury (DAT) Strategy Interview with Hiroki Tahara, Representative Director, Kusim Inc. (now HODL1) Series: “Expert Perspectives on Interpreting Volatile Crypto Markets” — Kasou NISHI Series Tech and Future — Toshinao Sasaki …and more

MAGAZINE

Iolite Vol.18

March 2026 issueReleased on 2026/01/30
Interview: Iolite FACE vol.18 Takeshi Chino, Representative Director, Binance Japan PHOTO & INTERVIEW: Mai Shin Special Features: “Future Money — The Current State of Value Transfer” “Upcoming Amendments to Japan’s Crypto Asset Regulations” “The Reality of IEOs” Crypto Journey Beyond a Treasury Company: Becoming an Ethereum Evangelist — The Essence and Determination Behind HODL1’s Digital Asset Treasury (DAT) Strategy Interview with Hiroki Tahara, Representative Director, Kusim Inc. (now HODL1) Series: “Expert Perspectives on Interpreting Volatile Crypto Markets” — Kasou NISHI Series Tech and Future — Toshinao Sasaki …and more