Georgia has taken a different approach by allowing the machines to continue operating under stricter consumer protection rules. The law requires operators to cap the amount users can send, provide fraud warnings before transactions and, in certain cases, reimburse customers who were deceived by scammers.
These measures add to a growing list of state actions targeting crypto ATMs. Indiana’s statewide ban came into force in March, while Minnesota is scheduled to begin enforcing its own prohibition on Aug. 1. Delaware and New Jersey have also advanced legislation that would prohibit crypto ATMs, although those proposals have not yet become law.
Fraud complaints have remained central behind these legislative actions. According to previously released data from the FBI, the agency received 13,460 crypto kiosk complaints during 2025 involving more than $388.9 million in reported losses, with people over the age of 50 accounting for more than half of all complaints.
Outside the United States, similar concerns have emerged in Canada. Earlier this year, CBC News reported that the Canadian federal government proposed a nationwide ban on crypto ATMs after describing the machines as a major channel used by scammers to obtain money from victims and process illicit cash.
The proposal followed investigations cited by CBC News and earlier findings from the Financial Transactions and Reports Analysis Centre of Canada, which linked crypto ATMs to recurring fraud schemes.
As a result of these state actions, many crypto ATM operators have also come under financial strain. For instance, in May, Nasdaq-listed crypto ATM operator Bitcoin Depot filed for Chapter 11 bankruptcy protection after citing increasing regulatory requirements, litigation, and enforcement actions. The company had previously warned that changing state regulations could significantly reduce revenue before shutting down its ATM network during the bankruptcy process.
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