Arizona introduces new regulations to combat crypto ATM fraud.
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
New Regulations in Arizona: Arizona is implementing new regulations for crypto ATMs to combat scams, providing residents with additional protection during transactions. The regulations include reducing daily transaction limits and increasing warnings on the machines.
Impact of Scams: The state has seen a significant rise in scams involving crypto ATMs, with residents losing millions, particularly affecting the elderly. Attorney General Kris Mayes highlighted the urgency of addressing these scams, noting that Arizonans lost $177 million to cryptocurrency fraud last year.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.







