Hawaii just banned cash deposits at crypto ATMs, effective October 1.
This isn't an anti-crypto move; it's consumer protection. ATMs can still sell crypto for dollars or swap coins. The ban targets scams, removing an attack vector for criminals preying on vulnerable users, especially older adults.
Investigations in Washington, DC, and Iowa found over 93% of kiosk transactions they examined were scams. Hawaii logged 92 kiosk-related complaints in 2025, with $3.85 million in losses.
Expect other states to follow. $BTC
This isn't an anti-crypto move; it's consumer protection. ATMs can still sell crypto for dollars or swap coins. The ban targets scams, removing an attack vector for criminals preying on vulnerable users, especially older adults.
Investigations in Washington, DC, and Iowa found over 93% of kiosk transactions they examined were scams. Hawaii logged 92 kiosk-related complaints in 2025, with $3.85 million in losses.
Expect other states to follow. $BTC