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Crypto

Texas Cryptocurrency Kiosk Scams Exceed $56 Million in 2025

Guavy AI Editorial Team
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Texas has reported more cryptocurrency kiosk-related losses than any other state in 2025, with Texans losing roughly $56.8 million, according to FBI data.

Cryptocurrency kiosks are ATM-like electronic devices that allow individuals to exchange cash and cryptocurrency, a digital form of currency.

The Texas House of Representatives Committee on Homeland Security, Public Safety & Veterans' Affairs met to discuss financial influences from foreign countries and their effect on Texans. Lawmakers pointed to cryptocurrency-related activity as a major concern.

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