POLITICSNC NEWSLINE
Proposal to regulate cryptocurrency ATMs wins NC Senate approval Tuesday
The North Carolina Senate approved a bill to regulate cryptocurrency ATMs, reducing transaction fee caps from 14% to 12%. The bill, House Bill 920, faces debate over its effectiveness in curbing scams linked to the kiosks, with some lawmakers advocating for a ban instead. AARP reported $389 million in losses from crypto ATM scams in 2025, primarily affecting adults 60 and older.
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