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Tennessee has enacted legislation to prohibit the installation and operation of cryptocurrency ATMs across the state, following Indiana as the second U.S. state to implement such a ban. Signed into law on April 13, 2026, the ban will take effect on July 1. Violations will be treated as misdemeanors, with penalties including up to one year in jail and a $2,500 fine. The law targets both ATM operators and venue providers, aiming to mitigate the risk of these machines being used for fraudulent activities.

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