Proposal to regulate cryptocurrency ATMs wins NC Senate approval Tuesday

By: Greg Childress

Outlets: North Carolina Newsline

Published: June 30, 2026

Words: 681

Last Updated: 1 week, 1 day ago

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A bill to regulate North Carolina’s burgeoning cryptocurrency ATM industry was approved by the state Senate Tuesday, setting it up for a final House vote later this week.

The Senate version of House Bill 920, titled the “Virtual Currency Kiosk Consumer Protection Act,” sets a lower cap than the House did on cryptocurrency ATM transaction fees, which currently run between 20% to 30%. The House had proposed a 14% cap. Senator Tom McInnis (R-Moore) …

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