Arizona lawmaker proposes new bill to curb Bitcoin ATM fraud

2025-02-09 10:22:50

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ChainCatcher news, according to Crypto.news, Arizona State Representative David Marshall has introduced House Bill 2387, proposing strict regulations on cryptocurrency ATM operations. This follows a series of incidents in the state, including a woman being scammed out of $17,000. The proposed bill will implement several protective measures, including:

Daily transaction limit of $1,000
Mandatory state operator licensing
Required refund policy options

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Bitcoin ATM Congressman Fraud

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