Texas lawmaker pushes for crypto ATMs in federal buildings
By: cryptosheadlines|2025/05/03 00:45:03
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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
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