Hawaii Governor Josh Green signed Act 224, banning cash-to-crypto kiosks starting October 1 to curb scams targeting older adults. While cash deposits to buy crypto are outlawed, users can still sell crypto for U.S. currency.
Minnesota has enacted a law prohibiting virtual currency kiosks, effective August 1, following Governor Tim Walz's signing of SF 3868 in May. The ban aims to curb scams, which caused residents $1 million in losses from 2023-2025, disproportionately targeting seniors.
Crypto scams increasingly use ATMs and kiosks as the final step, turning them into a pressure point. The FBI reported over $11 billion lost to crypto scams, with kiosks involved in thousands of complaints and hundreds of millions in losses, disproportionately affecting those over 50.
