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CoinVoice has learned that, according to CNBC reports, based on FBI data, losses from cryptocurrency ATM scams have reached up to $240 million, approximately twice the number of similar scam cases in 2024. Spokane, Washington, has fully banned cryptocurrency ATMs, becoming the largest city-level ban in the United States.
Multiple states in the US are tightening regulations or discussing restrictions, including Arizona, Arkansas, Vermont, and St. Paul in Minnesota, which are also considering following Spokane's comprehensive ban. 80% of the world's cryptocurrency ATMs are located in the United States.