{"id":363980,"date":"2026-07-07T13:51:10","date_gmt":"2026-07-07T13:51:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/363980\/"},"modified":"2026-07-07T13:51:10","modified_gmt":"2026-07-07T13:51:10","slug":"el-paso-to-consider-crypto-atm-regulation","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/363980\/","title":{"rendered":"El Paso to consider crypto ATM regulation"},"content":{"rendered":"<p><a href=\"https:\/\/www.atmmarketplace.com\/topics\/security\/\" rel=\"nofollow noopener\" target=\"_blank\">Security<\/a><img decoding=\"async\" fetchpriority=\"high\" src=\"https:\/\/nmgprod.s3.amazonaws.com\/media\/file\/78\/22\/b7c206a77c58cdff8a2e94b1e26f\/cover_image__Mq9nh7Ha__AdobeStock_306191339.jpeg.1600x900_q85_crop_upscale.webp\"\/><\/p>\n<p>Photo: Adobe Stock<\/p>\n<p class=\"mute fs-sr mt-3\">July 7, 2026<\/p>\n<p>El Paso, Texas, is considering a bill to help prevent crypto ATM fraud. City Rep. Chris Canales introduced the item which will call on crypto ATMs to prominently display anti-fraud warnings, according to a <a href=\"https:\/\/www.elpasotimes.com\/story\/news\/local\/el-paso\/2026\/07\/06\/el-paso-to-require-fraud-warnings-on-crypto-atms\/90784925007\/\" target=\"_blank\" rel=\"nofollow noopener\">report by El Paso Times.<\/a><\/p>\n<p>The proposed ordinance quill require physical signs and digital display with a warning about the instant and irreversible nature of transactions and that government agencies will never instruct customers to pay fines using a crypto ATM. The crypto ATM will need to display the full fraud warning message for 15 seconds.<\/p>\n<p>All warnings must be featured in both English and Spanish.<\/p>\n<p>&#8220;While the state of Texas regulates the financial side of cryptocurrency through the Texas Department of Banking, the city of El Paso has a responsibility to protect our residents from fraud and predatory business practices,&#8221; Canales wrote in a document for the council. &#8220;This proposed ordinance does not attempt to ban the machines themselves, which avoids any conflict with state law. Instead, it focuses purely on consumer transparency.&#8221;<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"Security Photo: Adobe Stock July 7, 2026 El Paso, Texas, is considering a bill to help prevent crypto&hellip;\n","protected":false},"author":2,"featured_media":363981,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[138,140,139],"class_list":["post-363980","post","type-post","status-publish","format-standard","has-post-thumbnail","category-el-paso","tag-el-paso","tag-el-paso-headlines","tag-el-paso-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/363980","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=363980"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/363980\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/363981"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=363980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=363980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=363980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}