Cryptocurrency ATMs are now a common sight at gas stations and grocery stores across the U.S. While they provide convenient access to digital currency, they have also become a tool for scammers—especially targeting older adults. Illinois Senator Dick Durbin has proposed the Crypto ATM Fraud Prevention Act to combat fraud and enhance consumer protection.
It is likely that at an appropriate time, industry actors like Marathon Digital Holdings Inc. (NASDAQ: MARA) will be called upon to provide input when the draft law reaches a public comment stage. At this point, any gaps in the current proposal could be…
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