Arizona House of Representatives Introduces New Bill to Curb Bitcoin ATM Fraud

Arizona State Representative David Marshall has proposed House Bill 2387, which suggests strict regulation of cryptocurrency ATM operations. Previously, there have been a series of such incidents in the state, including a woman being scammed out of $17,000. The proposed bill will implement multiple protective measures, including: a daily transaction limit of $1,000mandatory state operator licensingrequired refund policy options