{"id":78705,"date":"2026-04-02T05:01:36","date_gmt":"2026-04-02T05:01:36","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=78705"},"modified":"2026-04-02T05:01:36","modified_gmt":"2026-04-02T05:01:36","slug":"crypto-atms-face-ban-in-massachusetts-city-amid-scam-concerns","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=78705","title":{"rendered":"Crypto ATMs Face Ban In Massachusetts City Amid Scam Concerns"},"content":{"rendered":"
\n

Haverhill, Massachusetts, is moving toward a citywide ban that would force all crypto ATMs and kiosks out within 60 days, with operators facing $300 daily fines if they do not comply.<\/p>\n

The proposal<\/a> also gives the city a hard line on a problem officials say has already led to fraud complaints, money laundering concerns, and little practical recourse for users who lose money.<\/p>\n

Council Vote Puts Ban On Track<\/h2>\n

The ordinance was introduced on March 17 by Mayor Melinda E. Barrett and cleared an initial City Council vote 11-0, putting it on the council\u2019s agenda for further review.<\/p>\n

According to the city\u2019s agenda, the measure<\/a> would amend local code to prohibit cryptocurrency ATMs altogether. City officials said they see the lack of state and federal rules as a reason for local action.<\/p>\n

The move places Haverhill in a growing group of US communities taking aim at crypto kiosks after reports of scams and other illegal activity.<\/p>\n

\"\"<\/p>\n

In Minnesota, a lawmaker introduced a bill in February that could ban crypto kiosks, building on a 2024 law that already imposed limits on ATM operators.<\/p>\n

Haverhill\u2019s proposal does not stand alone; it fits a pattern that has been spreading city by city and state by state.<\/p>\n

Crypto ATMs<\/a> are often marketed as a simple way to buy digital assets, but local officials have increasingly treated them as a weak point in consumer protection.<\/p>\n

In Haverhill\u2019s case, the city said users may have little ability to recover funds once a transaction is complete. That concern was central to the proposed ordinance, which framed the machines as a risk to residents rather than a convenience for them.<\/p>\n

<\/p>\n

Bitcoin Depot Faces Rising Pressure<\/h2>\n

The proposed ban also lands at a rough time for Bitcoin<\/a> Depot, one of the largest crypto ATM operators in the US. The company\u2019s stock has fallen more than 90% over the past six months and was trading at $2.06 on Nasdaq on Tuesday, according to the report.<\/p>\n

Haverhill-area data from CoinATMRadar and Bitcoin Depot pointed to eight or more machines in the local area.<\/p>\n

Bitcoin Depot<\/a> has been dealing with pressure on several fronts. Connecticut banking regulators issued a temporary cease-and-desist order in March, which effectively suspended its money transmission license.<\/p>\n

Authorities in Iowa and Massachusetts have also sued the company, accusing it of helping facilitate crypto scams.<\/p>\n

Featured image from Unsplash, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Haverhill, Massachusetts, is moving toward a citywide ban that would force all crypto ATMs and kiosks out within 60 days, with operators facing $300 daily fines if they do not comply. The proposal also gives the city a hard line on a problem officials say has already led to fraud complaints, money laundering concerns, and […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-78705","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/78705","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=78705"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/78705\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=78705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=78705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=78705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}