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    Home»Web3»American MPs propose Crypto ATMs in federal buildings
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    American MPs propose Crypto ATMs in federal buildings

    PineapplesUpdateBy PineapplesUpdateMay 1, 2025No Comments2 Mins Read
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    American MPs propose Crypto ATMs in federal buildings
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    A Texas member of the US House of Representatives has proposed that government officials consider setting up Cryptocurrency ATMs in federal buildings across the country.

    In a letter to Stephen Ehikian on 1 May, Acting Administrator of General Services Administration (GSA) – Unit responsible for management of US government properties – Rape Lance Gooden Claimed The introduction of crypto ATMs for federal buildings will serve as a “educational resource” and reflects advances in financial technology. He requested that the GSA should start searching for the necessary guidelines and rules to establish such ATMs in government controlled assets in the US, citing alignment with the goals of President Donald Trump.

    American MPs propose Crypto ATMs in federal buildings
    1 May Letter Pitching Crypto ATM to GSA. Source: Rape. Lance Gooden

    According to the financial disclosure reports filed with the US House of Representatives, Gudeen had not made any investment in cryptocurrency or ATM companies since assuming office in 2019. He had not yet made any financial disclosure with the government for 2025 investment.

    GSA website Stated This could provide place to ATMs from federal credit unions, but it was not clear whether the acting administrator had the right to expand the rules to include digital asset ATMs tied to private companies such as bitcoin depot or coinflip. Cointelegraph arrived at Gooden’s office for comment, but did not receive the response at the time of publication.

    Connected: Eric Trump: USD1 will be used for $ 2B MGX investment in Binance

    Gudeen, a Republican and Trump pro -MPs, proposed as MPs in the US Senate, considering the law to crack down on fraud through Crypto ATM. In February, Illinois Senator Dick Durbin introduced the Crypto ATM Fraud Prevention Act, which was aimed at putting a “general knowledge railing” against fraud affecting many senior citizens.

    https://www.youtube.com/watch?v=sumysrjvzm

    After all, who will decide?

    It is unclear whether Ehiyakian, a Trump appointer, will have unilateral authority – or even with the approval of the President – install a crypto ATM without an act of Congress to authorize funding. Cointelegraph reached GSA for comments, but did not receive the response at the time of publication.

    Trump has a significant risk for cryptocurrency and digital asset firms through his personal holdings, presidential campaign funds, family -backed businesses and Trump Memcoin. In April, the President announced dinner at DC for the top holders of his Memcoin.

    magazine: Trump’s crypto venture enhances conflict of interests, Insider Trading Questions