Global Stock News

Minnesota is banning crypto ATMs and prediction markets

Minnesota is banning crypto ATMs and prediction markets

00:00 Speaker A

Now, the next story we have actually has three very confusing parts from the great state of Minnesota. First of all, I’ve been telling you about the ongoing uh drama with Bitcoin ATMs all over the country.

00:11 Speaker A

Well, Minnesota has gotten in line and banned crypto kiosk fraud in Minnesota. So they’ve actually just banned the ATMs. They didn’t banned fraud at all and the ATM is just a tool being used by fraudsters who will use other tools. So it’s absolute nonsense that you would ban these.

00:25 Speaker A

Especially in light as I told you of the fact that the Clarity Act actually protects these federally and sets rules in place for people to use them safely. So it’s just the…

Source link

Share this article

Scroll to Top