El Paso City Council weighs new warning rules for cryptocurrency kiosks amid scams

EL PASO, Texas – (KFOX14/CBS4) — Cryptocurrency kiosks that look like traditional ATMs are increasingly being used in scams, prompting El Paso City Council to consider new warning requirements for machines across the city.

The FBI says scams involving cryptocurrency ATMs are on the rise.

The kiosks allow users to insert cash, convert it into digital currency and send it away within minutes…

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