Senator Cynthia Lummis is advocating for enhanced consumer protections in a new market-structure bill to combat fraud at Bitcoin ATMs. The legislation, co-sponsored with Senator Kirsten Gillibrand, seeks to implement transparency, operator accountability, and improved screening measures. This initiative follows federal reports of nearly $247 million in losses in 2024, with seniors being particularly affected. While industry representatives back anti-fraud efforts, they warn against regulations that might restrict access to cryptocurrency services.