Delaware, New Jersey advance bills banning crypto ATMs

Written by Jesse Coghlanstaff editorReviewed by Felix Ngstaff editorWritten by Jesse Coghlanstaff editorReviewed by Felix Ngstaff editorDelaware, New Jersey advance bills banning crypto ATMsLatest NewsPublishedJun 11, 2026Lawmakers in Delaware and New Jersey have advanced laws that would completely ban crypto ATMs, a measure that has only been enacted in three US states.Delaware and New Jersey have both advanced legislation to ban cryptocurrency ATMs in what is becoming a growing trend across US states, with lawmakers concerned that the kiosks are overwhelmingly used for scams.The Delaware House Economic Committee on Tuesday passed House Bill 441 to the full chamber, which would ban owning, installing, or operating a cryptocurrency kiosk.It followed the New Jersey Senate Commerce Committee’s unanimous vote on Monday to send its bill banning crypto ATMs to the full chamber.At least three other US states — Indiana, Tennessee and Minnesota — have passed total bans on crypto ATMs in response to their use for scams.The FBI said in May that it received nearly 13,500 complaints about crypto ATMs in 2025 involving over $388 million in losses, a 23% increase in complaints and a 58% increase in losses from 2024. Over half of the complaints involved people aged over 50, with losses exceeding $302 million.Cyndie Romer, a representative who sponsored the bill in Delaware, said crypto ATMs “reduce digital currency to a predatory cash grab.” “Regular crypto traders generally do not use crypto ATMs due to their much higher fees, which can be upwards of 20% of the value of the transaction, versus the 0.4% to 1% in fees for online exchanges,” she added. “There is no reason to support a business structure that enables scammers to extort money from our most vulnerable populations.”A crypto ATM at a service station in Dover, Delaware’s capital. Source: Coin ATM RadarDelaware’s bill would also ban fiat-to-crypto sales that “replicate or substitute” crypto ATMs, such as through point-o…

Delaware, New Jersey advance bills banning crypto ATMs

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