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Story summary
- Arizona enacted strict cryptocurrency ATM rules to curb $177 million in scam losses and protect older adults.
- First-time daily limit is $2,000, and all transactions require fraud warnings and receipts.
- Operators must reimburse scam victims reporting fraud within 30 days and deploy advanced detection tools.
- Arizona Attorney General’s Office will oversee compliance; the U.S. Senate is considering bipartisan ATM-fraud legislation.
