The city council in Haverhill, Massachusetts has voted to propose a ban on crypto ATMs, citing concerns over scams and money laundering.
The proposed ordinance would prohibit the use of cryptocurrency ATMs within the city limits and would require operators to remove their machines within 60 days. Failure to comply with this proposal could result in daily fines of up to $300.
The city's decision follows a growing trend of US communities taking action against crypto kiosks, which have been linked to reports of scams and other illicit activities.