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Indiana lawmakers advance crypto kiosk ban amid surge in scams | What’s the Deal?

Indiana lawmakers advance crypto kiosk ban amid surge in scams | What’s the Deal?

Bad actors are using cryptocurrency kiosks to take money from their victims. Now, Indiana lawmakers want the machines banned. 

INDIANAPOLIS — Indiana state legislators are looking to ban crypto kiosks, after testimony from law enforcement that the machines are increasingly being used by scammers — costing victims millions of dollars.

Supporters of the kiosks argue that regulation — not a ban — is the better solution.

What are cryptocurrency kiosks?

Walk into a convenience store and you will see the usual snacks, drinks and trinkets.

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