Security

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July 7, 2026

El Paso, Texas, is considering a bill to help prevent crypto ATM fraud. City Rep. Chris Canales introduced the item which will call on crypto ATMs to prominently display anti-fraud warnings, according to a report by El Paso Times.

The proposed ordinance quill require physical signs and digital display with a warning about the instant and irreversible nature of transactions and that government agencies will never instruct customers to pay fines using a crypto ATM. The crypto ATM will need to display the full fraud warning message for 15 seconds.

All warnings must be featured in both English and Spanish.

“While the state of Texas regulates the financial side of cryptocurrency through the Texas Department…