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Minnesota's ban on cryptocurrency ATMs is now in force, following state officials' report that residents lost about $1 million to scams tied to crypto kiosks from 2023 to 2025.
Senior citizens made up a disproportionate share of those losses, officials said.
Losses tied to kiosk scams State officials documented roughly $1 million in losses from scams run through crypto ATMs over the two-year span. Older residents bore a significant portion of that total.
The officials' report carried no breakdown by victim count, transaction volume, or scam type. Ban enters force Minnesota's prohibition on crypto kiosks is active statewide.
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