Massachusetts City Bans Crypto ATMs After Residents Lose $397,000 to Scams
A Massachusetts city has banned cryptocurrency ATMs after residents reported losing $397,000 to scams involving the machines since 2023. The Framingham City Council voted unanimously to approve the ban at its recent November meeting, reports MetroWest Daily News. The ban is meant to protect senior citizens,…
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Cryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
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