Crypto scammers are draining Oregon seniors. Lawmakers want the ATMs gone

Oregon lawmakers plan to introduce a bill banning crypto ATM machines statewide due to widespread scams targeting primarily seniors, who have lost millions through these kiosks. The bill aims to reduce fraud facilitated by the instant and irreversible transfer nature of cryptocurrency at physical kiosks, complementing similar measures in other states.

This Wire brief sits within Fusion42's coverage of Fintech.