Multiple US States Enact Crypto ATM Fraud Regulations Protecting Seniors

In 2025, the U.S. government and several states are increasingly adopting policies to integrate cryptocurrencies into financial systems while addressing associated risks. President Trump signed an executive order to establish a Strategic Bitcoin Reserve, marking a shift toward holding Bitcoin as a long-term asset rather than selling forfeited crypto, signaling growing federal acceptance of digital assets. Michigan lawmakers introduced bills allowing state pension funds to invest in cryptocurrencies via regulated products and incentivizing crypto mining with environmental considerations, even as regulators crack down on unlicensed crypto gambling to protect consumers. Meanwhile, states including Arizona, Oklahoma, Rhode Island, and Wisconsin are enacting regulations on cryptocurrency ATMs to combat scams, which disproportionately affect seniors and have led to significant financial losses; organizations like AARP advocate for balanced rules to enhance consumer safety. These regulatory measures reflect broader efforts to foster crypto innovation responsibly while mitigating fraud and market risks. Internationally, countries like Georgia are advancing crypto regulations focusing on anti-money laundering and consumer protection, further illustrating global trends toward formal crypto oversight.