US Edition
Washington State Tightens Oversight on Crypto Kiosks
- Washington State is proposing tighter regulations on cryptocurrency kiosks to limit daily transactions and reduce scams as of 2025.
- This regulatory push follows increasing complaints about high fees and fraud targeting vulnerable users like seniors and non-English speakers.
- New rules would require kiosk operators to register nationwide, warn customers about crypto risks, and cap fees at $5 or 5% of transactions.
- The daily transaction limit is set at $1,000 to prevent irreversible transfers, addressing the rise in kiosk-related scams documented recently.
- If enacted, Washington’s approach could balance innovation with consumer safety and serve as a model for other states managing crypto businesses.
14 Articles
14 Articles
Washington State Tightens Oversight on Crypto Kiosks
Washington State is strengthening its regulations for the growing and sometimes disputed field of cryptocurrency kiosks. You may also know them as Bitcoin ATMs, and today, you will often see them at gas stations, convenience stores, or in urban neighborhoods for the quick purchase or selling of digital currencies. Yet because it is very easy to use, there is now increasing concern about scams, fraud, and people exploiting others financially, ma…
Peter Schiff Criticizes Stablecoins Amid U.S. Regulatory Moves - Blockchain & Cryptocurrencies Tabloid
Peter Schiff criticizes stablecoins as U.S. Senate advances the GENIUS Act, impacting market dynamics. The post Peter Schiff Criticizes Stablecoins Amid U.S. Regulatory Moves appeared first on Blockchain & Cryptocurrencies Tabloid.
Galaxy’s Alex Thorn Rebuts NYT Criticism, Calls GENIUS Act a Win for Dollar Dominance and Innovation
In a point-by-point rebuttal shared via Galaxy’s newsletter and on X, Thorn called the criticisms “lazy and incongruous,” defending the legislation as a major step forward for U.S. financial infrastructure. Thorn emphasized that the GENIUS Act introduces strict federal oversight where none currently exists. Despite fears that the bill would enable unchecked stablecoin growth or create systemic risks, Thorn argued it does the opposite—establishin…
Washington moves on crypto: Stablecoin and blockchain bills signal regulatory momentum
The US Senate just advanced the GENIUS Act while lawmakers reintroduce a key blockchain bill. On Byte-Sized Insight, Rashan Colbert of the Crypto Council for Innovation explains how these moves could reshape stablecoin regulation and crypto clarity in the US.
Michigan Drives New Laws to Regulate Cryptocurrency Use and Promote Investments - The Cryptocurrency Post
TL;DR Michigan will allow state pension funds to invest in cryptocurrencies through regulated ETFs that meet specific requirements. Mining operations can use energy from abandoned wells if environmental damage is addressed. With tax benefits offered to miners. At the federal level, blockchain developers who do not control third-party funds will be exempt from financial licensing requirements. Michigan and Washington are advancing parallel initi…
Coverage Details
Bias Distribution
- 100% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
