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Crypto ATM bans, restrictions now in effect in Tennessee and Georgia

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 54 Views

Crypto ATM bans, restrictions now in effect in Tennessee and Georgia

Crypto ATMs are fast disappearing in the US as Tennessee’s ban goes into effect today while operators in Minnesota have until Aug. 1 to comply with a similar law.

Update (July 2, 2:25 pm UTC): This article has been updated to a statement from CoinFlip.

Cryptocurrency ATMs are fast disappearing from the American landscape as kiosk operators in two US states face bans and restrictions as new laws go into effect.

Crypto ATM laws passed by Tennessee and Georgia went into effect on Wednesday, imposing a complete ban in the former and requiring transaction limits and reporting in the latter. The measures by the two states followed bans in Indiana, which went into effect in March, and Minnesota, set to enforce an ATM ban on Aug. 1.

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