[Tennessee Cryptocurrency Self-Service Machine Ban to Take Effect on July 1] According to Cointelegraph, Tennessee Governor Bill Lee has signed the HB2505 bill, which will prohibit the use and installation of cryptocurrency self-service machines in the state starting July 1. Operators and installation companies face up to 11 months and 29 days of imprisonment and a $2,500 fine. The bill's sponsor stated that cryptocurrency self-service machines have become a channel for scammers to exploit Tennessee residents, particularly the elderly. According to CoinATMRadar data, there are currently over 570 cryptocurrency self-service machines in the state, operated by companies such as Bitcoin Depot and CoinFlip.