A bipartisan group of US lawmakers has introduced legislation aimed at curbing crypto ATM fraud after Americans lost more than $333 million to scams involving the machines in 2025.

Representatives María Elvira Salazar and Sean Casten unveiled the Stop Crypto ATM Scams Act on June 11, proposing new consumer safeguards, transaction limits and transparency requirements for operators across the country.

“The Stop Crypto ATM Scams Act would establish new safeguards to help prevent fraud, strengthen transparency requirements for crypto ATM operators, and provide law enforcement with additional tools to investigate and stop these scams,”

The lawmakers said in the announcement.

The proposal would cap new customer transactions at $2,000 per…