How to Safely Buy Crypto in Minnesota (Without ATMs)

NewsSat, 01 Aug 2026 11:50:07 UTC5 hours ago
How to Safely Buy Crypto in Minnesota (Without ATMs)

Starting August 1, 2026, Minnesota is changing the way people can buy and store crypto. Crypto kiosks, the ATM-style machines found in gas stations and convenience stores, are now banned. At the same time, a new law lets Minnesota banks and credit unions hold crypto for their customers.

These two changes happened on purpose. The state wants to shut down a tool scammers loved, while opening a safer, regulated path for everyday people who still want to buy crypto.

Why Minnesota Banned Crypto Kiosks

Crypto kiosks look like regular ATMs, but instead of giving you cash, they turn your cash into cryptocurrency. Scammers used them constantly.

Hereโ€™s the usual trick: a scammer calls or emails you, claiming your bank account is hacked, you owe back taxes, or a family member is in trouble and needs bail money. They create panic, then tell you to rush to a nearby kiosk and feeโ€ฆ

Read The Full Article How to Safely Buy Crypto in Minnesota (Without ATMs) On Coin Edition.

Read from Source ยท coinedition.com ↗
This content is automatically aggregated. Full credit goes to the original publisher (coinedition.com).

Related