Tennessee bans crypto ATMs as Georgia imposes $2.5K new-user cap and 18% fee limit
CoinTelegraph •
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Promote with Leviathan NewsTennessee's statewide crypto ATM ban took effect July 1, while Georgia's HB 945 now makes kiosks show fraud warnings, cap fees at 18%, limit new customers to $2,500 per day and existing users to $10,000, and refund some scam victims. Indiana's ban took effect in March, and Minnesota starts enforcing its own ban on Aug. 1. The state-by-state squeeze is already hitting operators: Tennessee had 185 crypto ATMs before the ban, and Bitcoin Depot filed for Chapter 11 in May.
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