Massachusetts Communities Band Together Against Crypto Kiosk Scams

Massachusetts is grappling with a surge in cryptocurrency kiosk scams, prompting local officials to take action. Twenty communities have banned crypto kiosks amid growing concerns about their misuse by scammers.

Hundreds of these machines, also known as crypto ATMs, have appeared in convenience stores and gas stations across the state over the past few years. They allow users to deposit cash and convert it into cryptocurrency, which can then be sent to digital wallets.

However, investigators say scammers are increasingly directing victims to use these kiosks, making it harder for authorities to recover stolen funds. According to FBI data cited by AARP, Massachusetts residents reported more than $6.8 million in losses tied to cryptocurrency kiosk scams in 2025 - nearly $19,000 per day.

Local officials argue that municipal bans can only go so far because scammers can send victims to kiosks in neighboring communities. To address this issue, a statewide ban is being considered by lawmakers. The state Senate approved a ban as part of a broader economic development bill, but the House version did not include it.