OLYMPIA, Wash. — With the legislative clock ticking, a bill in Olympia that would tighten rules on crypto kiosks is headed for a key House hearing as supporters warn the machines are increasingly being used to steal money from older adults.

Senate Bill 5280 targets crypto kiosks — devices that resemble ATMs and allow users to exchange cash for cryptocurrency. Backers say the measure would help curb financial fraud that they say disproportionately affects seniors.

An FBI report from 2024 found the agency received nearly 11,000 complaints involving crypto kiosks, with reported losses of nearly $250 million. People 60 and older accounted for the majority of the losses, according to the report.

One Olympia woman said she was among the…