Minnesota’s new state law banning crypto ATMs will take effect on August 1. According to Odaily, crypto ATMs in the state must stop operating by August 1 and be physically removed from stores and other locations by year-end.At the time the law was passed, Minnesota had about 350 licensed crypto ATMs operated by eight companies. The Minnesota Department of Commerce said regulators investigated 134 complaints involving crypto ATMs from 2023 to 2025, with residents losing nearly $1 million. Law enforcement said funds from such transactions are often sent overseas and are difficult to trace. Residents will still be able to trade crypto through regulated online platforms after the ban takes effect. Original and detailed news is here: Read More