Crypto ATM Fraud Prevention Act of 2025 aims to safeguard customers from fraudulent transactions at virtual currency kiosks.

The Crypto ATM Fraud Prevention Act of 2025 introduces measures to protect customers from fraud at virtual currency kiosks. It mandates that operators of these kiosks, also known as virtual currency kiosks, must implement anti-fraud policies, including risk assessments, monitoring procedures, and controls. Operators must also provide physical receipts for transactions, detailing transaction information, fees, and warnings about common fraud schemes. New customers must receive verbal confirmation before transactions over $500.

Crypto ATM Fraud Prevention Act of 2025 aims to safeguard customers from fraudulent transactions at virtual currency kiosks.

The Crypto ATM Fraud Prevention Act of 2025 introduces measures to protect customers from fraud at virtual currency kiosks. It mandates that operators of these kiosks, also known as virtual currency kiosks, must implement anti-fraud policies, including risk assessments, monitoring procedures, and controls. Operators must also provide physical receipts for transactions, detailing transaction information, fees, and warnings about common fraud schemes. New customers must receive verbal confirmation before transactions over $500.