Spokane City Council Bans Cryptocurrency ATMs to Prevent Scams

According to PANews, the Spokane City Council in Washington State has unanimously passed legislation prohibiting the operation of cryptocurrency ATMs within the city. This makes Spokane the first city in the state to implement such a ban. Over 50 existing machines must be removed within 60 days, with violators facing civil penalties. City Council member Paul Dillon stated that the ban aims to protect residents from scams associated with cryptocurrency ATMs.