Texas lawmaker pushes for crypto ATMs in federal buildings
By: cryptosheadlines|2025/05/02 16:45:03
0
Share
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Texas Representative Lance Gooden has formally asked the General Services Administration to consider installing cryptocurrency ATMs in federal buildings across the United States. Gooden cited the need to modernize public infrastructure and support a growing segment of Americans engaging with digital assets.In a May 1 letter to Acting GSA Administrator Stephen Ehikian, Gooden urged the agency to begin evaluating the feasibility of the initiative, emphasizing that such a move would “signal to the public that the government is embracing innovation in a secure and responsible manner.”The proposal aligns with former President Donald Trump’s campaign focus on advancing U.S. leadership in cryptocurrency and blockchain technology. “Expanding accessibility to crypto ATMs within federal buildings aligns with President Trump’s vision of positioning the United States as a global leader in cryptocurrency,” Gooden wrote.Gooden’s proposal calls for robust identity verification, transparent fee structures, and adherence to anti-money laundering regulations. He also stressed the importance of collaboration between regulators, private sector technology providers, and compliance experts to ensure any implementation prioritizes consumer protection and trust. ATM popularityCrypto ATMs have been growing in number in recent years, but they’ve also drawn scrutiny from regulators. Law enforcement agencies have flagged these kiosks as potential vectors for fraud, including scams targeting vulnerable users. Gooden’s letter does not ignore these concerns, instead urging the GSA to establish clear operational guidelines to mitigate such risks.By adding crypto ATMs into federal spaces, Gooden argues, the government can provide both practical financial access and public education on digital assets—particularly in underserved communities. The GSA has yet to publicly respond to the request. Source link
You may also like
Venezuela entrusts taxes to 'cryptocurrency expert' - is USDT under scrutiny?
US Power Grid Issues Red Alert Amid Heatwave, Is Bitcoin Mining the Scapegoat?
Central Banks, Parliaments, and Atlantic Players at the Euro Stablecoin Table
What are tokenized stocks? How equities are moving on-chain, explained
Zcash Co-founder Wants More Than 21 Million Bitcoins
Bankers Filed Suspicious Activity Report Over Farage's £5M Gift From Tether Billionaire
Analysis: Bitcoin May Enter a Phase of Bottoming Out, Selling Does Not Trigger Panic
BNB Chain builds new Layer 1 for agentic trading, targets 2027 mainnet
Witnesses of South Korea's 'Golden Era': Foreign Capital Profits, Retail Investors Take Over
The Quality of Currency Depends on the Credibility of Its Issuer
How Cryptocurrency Payments Work in Businesses
Is the Storage Cycle Peaking? Here’s a 'Fundamental Psychological Massage' from Bank of America
Upbit operator Dunamu wins bid for South Korea police crypto custody contract
ADI's Hidden Victory: From World Cup Entry to Traditional Financial Ecosystem
Bitcoin is not a stock, nor a company, but a monetary asset
What Are the Best Metals for Investment Besides Gold?
Odaily Editorial Team Tea Talk (July 8)
Controversy Surrounding Huawei's Prodigy Li Bojie and His DeepSeek Interview Experience Amid Web3 Investor Backlash
Venezuela entrusts taxes to 'cryptocurrency expert' - is USDT under scrutiny?
US Power Grid Issues Red Alert Amid Heatwave, Is Bitcoin Mining the Scapegoat?
Central Banks, Parliaments, and Atlantic Players at the Euro Stablecoin Table
What are tokenized stocks? How equities are moving on-chain, explained
Zcash Co-founder Wants More Than 21 Million Bitcoins
Bankers Filed Suspicious Activity Report Over Farage's £5M Gift From Tether Billionaire
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com


