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Minnesota bans crypto ATMs after scam surge

Minnesota is implementing a statewide ban on cryptocurrency kiosks. The move follows reports of residents losing nearly $1 million to scams. The ban takes effect on August 1, 2026.

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What changed

Minnesota has announced a statewide ban on crypto ATMs effective August 1, 2026.

Live updates

  1. Minnesota bans cryptocurrency ATMs following scam surge

    Minnesota is implementing a statewide ban on cryptocurrency kiosks. The move follows reports of residents losing nearly $1 million to scams. The ban takes effect on August 1, 2026.

    What's confirmed:

    • Minnesota is banning cryptocurrency ATMs after residents reported nearly $1 million in losses.
    • The statewide ban on crypto kiosks takes effect August 1, 2026.
    • Scammers used the machines to target victims through fake emergencies and legal threats.

    Still unconfirmed:

    • Criminals also used the machines for romance scams.
    • Authorities warn that scammers are shifting their tactics.
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