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Tennessee considers crypto ATM ban

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March 16, 2026

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Tennessee is considering banning cryptocurrency ATMs to combat scams. Supporters point to the rising number of scams in the state, according to a report by WKRN.

"In Putnam County, I believe two days ago, they had a lady that fell victim of $300,000 that she put into a bitcoin ATM machine," Cumberland County Sheriff Casey Cox told lawmakers.

If passed, the bill would make operating a bitcoin ATM a Class A misdemeanor. Minnesotais also considering a crypto ATM ban.

Indiana was the first state to ban crypto ATMs, as of March 9, according to a report by AARP.