Minnesota has introduced the HF3642 bill, aiming to prohibit the installation and operation of cryptocurrency ATMs across the state. The proposed legislation seeks to repeal existing regulations outlined in sections 53B.69 to 53B.75, which currently mandate risk disclosures, a daily transaction limit of $2,000, a 72-hour rule for new customers, and refund mechanisms. If passed, the bill would eliminate these requirements and enforce a complete ban on crypto kiosks.
Minnesota Proposes Bill to Ban Crypto ATMs Statewide
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