NC lawmakers unanimously crack down on crypto ATMs

North Carolina lawmakers have unanimously passed the Virtual Currency Kiosk Protection Act to regulate crypto ATMs, imposing daily deposit limits, transaction fees, and fraud protections. The AARP warns these machines are linked to scams costing over $389 million last year, with clerks reporting frequent suspicious transactions. Tennessee has banned similar kiosks, while North Carolina's law awaits Governor Josh Stein's approval.