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Tennessee will ban cryptocurrency self-service machines

AiCoin
AiCoin|Apr 28, 2026 01:32
According to Cointelegraph, Tennessee Governor Bill Lee signed the HB2505 bill, which prohibits the use and installation of cryptocurrency self-service machines from July 1st. Violators face up to 11 months and 29 days in prison and a fine of $2500. The initiator of the bill stated that such devices have been used by fraudsters as tools against local residents. According to CoinATMRadar data, there are currently over 570 cryptocurrency self-service machines in the state, operated by operators including Bitcoin Depot and CoinFlip.
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