PANews reported on June 11 that, according to Cointelegraph, Delaware and New Jersey have moved forward with bills banning cryptocurrency ATMs. The Delaware House Economics Committee has submitted Bill HB441 to the full House for consideration, and the New Jersey Senate Commerce Committee has unanimously passed the ban. Previously, Indiana, Tennessee, and Minnesota had already completely banned cryptocurrency ATMs.

The Delaware bill's proponents argue that crypto ATMs charge up to 20% of transaction amounts, far exceeding the 0.4%-1% fees charged by online exchanges, and there is no justification for supporting such a fraudulent business structure. The bill requires existing crypto ATMs to be removed within 90 days of its signing, with penalties up to $10,000 for violations. The New Jersey bill imposes a maximum penalty of $10,000 for first-time violations, doubling to $20,000 for subsequent violations.