AIRWAY HEIGHTS, Wash. — Airway Heights is weighing a ban on cryptocurrency kiosks within city limits, one year after Spokane enacted a similar prohibition in response to growing scam concerns.
The Airway Heights City Council is holding a first reading of the proposed ordinance Monday evening. A final vote is expected later in July. If the ordinance passes, businesses operating the kiosks will have 60 days to remove them or risk losing their business licenses.
The kiosks, which resemble ATMs and allow users to conduct cryptocurrency transactions, have drawn scrutiny from law enforcement across the region. FBI data shows Washington residents lost approximately $8 million last year in scams tied to the machines…