Neal Jackson
Coverage of Neal Jackson in the Nexus archive.
- 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.
- Crypto ATM regulations move forward in NC despite pushback from industry
North Carolina's House Bill 920 aims to regulate cryptocurrency ATMs by imposing consumer protections like scam alerts, transaction cancellation, and refund windows. The bill, which emerged with industry-friendly concessions, raises transaction limits and fee caps compared to its original version, despite opposition from lawmakers concerned about consumer safety.