Massachusetts Moves Closer to Banning Crypto ATMs

Massachusetts is one step closer to protecting residents from cryptocurrency scams.

As part of a broader economic development bill, the Massachusetts Senate approved language that would ban cryptocurrency ATMs, also known as crypto kiosks, across the Commonwealth. AARP Massachusetts has been advocating for this action because these machines have become a popular tool for scammers who target consumers, especially older adults.

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Crypto ATMs can be found in convenience stores, gas stations, and other everyday locations. They often look like traditional bank ATMs, but they operate very differently. Scammers frequently direct victims to withdraw cash and deposit it into a crypto kiosk. The money is then converted into cryptocurrency and sent to criminals, often with little chance of recovery.

According to FBI data, Massachusetts residents reported more than $6.8 million in losses connected to cryptocurrency kiosk scams in 2025—nearly $19,000 every day. These losses often include retirement savings, emergency funds, and money that victims may never recover.

That is why AARP Massachusetts has been calling for a statewide ban on crypto ATMs. AARP has worked alongside law enforcement leaders and policymakers who have seen firsthand the impact these scams have on individuals, families, and communities across the Commonwealth.

"A ban on crypto ATMs is now the most effective way to stop the ongoing damage," said Jen Benson, state director of AARP Massachusetts. "Despite our efforts to push for straightforward consumer protections, these machines continue to operate without safeguards, causing people to lose their life savings. It's clear that more decisive action is needed."

The Senate vote marks a major step forward, but the work is not finished. The legislation must still advance before a statewide ban can become law. AARP Massachusetts will continue working with lawmakers, law enforcement, and community partners to help make the ban a reality.

Every day that these machines remain in operation, Massachusetts residents continue to lose money to scammers. With losses averaging nearly $19,000 a day, AARP Massachusetts remains focused on one goal: helping people protect the money they've worked a lifetime to earn.