Senators Declare War on Crypto ATM Scams With Tough New Rules

New legislation would mandate fraud warnings, transaction limits, and mandatory refunds for crypto ATM users, aiming to curb scams and hold operators accountable. Senators Introduce Crypto ATM Fraud Prevention Act U.S. Senator Jack Reed (D-RI) announced on Feb. 26 that he has introduced the Crypto ATM Fraud Prevention Act (S. 710) to address the growing […]