Delaware and New Jersey Move Forward With Crypto ATM Ban Bills
Lawmakers in Delaware and New Jersey have advanced bills that would ban crypto ATMs. If enacted, the measures would put the states among a small group of US jurisdictions with full bans on the machines.
What happened?
Lawmakers in Delaware and New Jersey have advanced bills that would ban crypto ATMs. If enacted, the measures would put the states among a small group of US jurisdictions with full bans on the machines.
Why it matters
The development matters because full crypto ATM bans remain uncommon in the United States. Cointelegraph reported that only three US states have enacted such measures, making the Delaware and New Jersey bills part of a relatively narrow but notable regulatory approach.
Lawmakers in Delaware and New Jersey have advanced bills that would completely ban crypto ATMs, according to Cointelegraph. The measures target machines that allow users to buy or sell cryptocurrency in person and would remove them from those states if the bills become law.
The development matters because full crypto ATM bans remain uncommon in the United States. Cointelegraph reported that only three US states have enacted such measures, making the Delaware and New Jersey bills part of a relatively narrow but notable regulatory approach.
For crypto users, the bills would affect access to a physical on-ramp and off-ramp for digital assets in the two states. For companies operating crypto ATM networks, the proposals point to a tougher compliance environment in jurisdictions considering outright restrictions rather than narrower rules.
The bills have advanced, but the source material does not state that either measure has become law. Their progress adds to the broader policy debate over how states should regulate consumer-facing crypto services.
As state-level crypto rules continue to evolve, Delaware and New Jersey’s actions show that some lawmakers are willing to consider complete bans on crypto ATMs, not just licensing, disclosure, or operating requirements.