PANews reported on April 28 that, according to Cointelegraph, Tennessee Governor Bill Lee has signed HB2505, banning the use and installation of cryptocurrency self-service kiosks in the state starting July 1. Operators and installers face up to 11 months and 29 days in jail and a $2,500 fine. The bill's sponsor stated that cryptocurrency self-service kiosks have become a channel for scammers to exploit Tennessee residents, especially the elderly.
According to CoinATMRadar data, there are currently more than 570 crypto self-service machines in the state, operated by companies including Bitcoin Depot and CoinFlip.

