Bans cryptocurrency automatic teller machines to protect consumers from scams.
Bans business entities from owning, controlling, installing, managing, selling, or offering for sale cryptocurrency automatic teller machines in the state. Cryptocurrency is defined as any digital form of currency that functions as a medium of exchange through a decentralized computer network without reliance on any central authority such as a government or financial institution. A cryptocurrency ATM is a physical, internet-connected kiosk allowing users to buy, sell, send, or receive cryptocurrency by depositing money using a debit card, credit card, or cash.
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