Hawaii crypto ATM ban starts in October

• Hawaii will ban cryptocurrency ATMs from 1 October under a new anti-fraud law.
• Operators must remove all crypto ATMs before enforcement begins.
• State officials said the ban aims to reduce losses from crypto ATM scams.

Hawaii will ban cryptocurrency ATMs from 1 October under a new law that targets crypto scams.

The law gives operators until the end of September to remove all crypto ATMs across the state.

State officials said the ban is designed to reduce fraud linked to Bitcoin (CRYPTO:BTC) ATM transactions.

Lawmakers introduced the measure after reports of rising scam losses involving crypto ATMs.

Officials said many scams targeted older residents through fake payment requests and impersonation schemes.

Hawaii joins several US states that have increased rules for crypto ATM operators, including transaction limits and consumer protections.

The state government said the ban aims to reduce scam losses and improve consumer protection before enforcement starts on 1 October.