
November 26, 2025
The St. Paul, Minnesota City Council is holding a vote on whether to ban cryptocurrency kiosks. If passed, this ordinance would stop the "use and placement" of cryptocurrency kiosks, according to a report by KSTP.
There are between 80 and 90 of these devices in the city, but have grown increasingly controversial due to the rise in scams. In Minnesota alone there have been $91 million in losses. The ordinance claims it will "protect the general welfare of the public."
During a public hearing, Ethan McClelland, director of government relations for Bitcoin Depot, defended cryptocurrency kiosk stating, "We utilize sophisticated tracker monitoring and have implemented multiple consumer-facing safeguards. Placing a reactionary ban on an industry that is already licensed and regulated by the state, which serves a legitimate financial purpose for many St. Paul residents, is unnecessary."
Bitcoin Depot recently unveiled a series of protections to help combat fraud on their devices.