INDIANAPOLIS, Ind. (WTWO/WAWV) — A bill prohibiting cryptocurrency kiosks in Indiana is heading to Governor Mike Braun’s desk for consideration.
Cryptocurrency kiosks are ATM-style machines commonly found at local grocery stores and gas stations that allows users to purchase digital assets by using cash or debit cards.
House Bill 1116 would completely ban the use of these machines in Indiana.
State Rep. Wendy McNamara (R-Evansville), author of the bill, said these machines are commonly used to trick victims into sending money to scammers.
“These scammers aren’t just taking advantage of loopholes—they’re hunting our seniors and vulnerable neighbors,” McNamara said. “They deliberately confuse, pressure, and terrify people into feeding their life savings into these cryptocurrency kiosk machines designed with zero safeguards. By banning these kiosks, we can confront this exploitation head-on and protect Hoosiers from being easy targets.”
According to the Federal Bureau of Investigation’s Internet Crime Report, consumers lost more than $246 million in cryptocurrency kiosk scams in 2024.
The bill also specifies that anyone who violates the new law could be subject to action by the attorney general.
Other states, including Illinois, Nebraska, and North Dakota, have also passed legislation addressing the issue.
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