Minnesota lawmakers are considering a total ban on cryptocurrency ATMs to combat a surge in scams. While police say the kiosks are magnets for fraud, owners argue a ban goes too far.

Bitcoin was supposed to cut out the middleman. Instead, it’s become a middleman’s dream for scammers. In 2025 alone, Americans lost more than $330 million to bitcoin ATM scams, according to FBI data, ...

Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to ...

In a statement shared with Benzinga, the FBI observed a "clear and constant rise" in fraudulent transactions involving cryptocurrency kiosks, describing it as a trend that is "not slowing down." ...

To learn more about the CNBC CFO Council, visit cnbccouncils.com/cfo Cryptocurrency ATM machines are a magnet for scammers who dupe unwitting victims into sending ...