Svmuu News: New regulations governing cryptocurrency ATMs in the U.S. states of Tennessee and Georgia took effect on July 1. Tennessee has implemented a blanket ban, while Georgia has imposed transaction limits and reporting requirements. Indiana had previously implemented a ban in March, and Minnesota will enforce a similar ban on August 1. Prior to the ban taking effect, there were approximately 185 cryptocurrency ATMs and kiosks in operation in Tennessee. Local governments have taken action in response to frequent incidents where residents—particularly the elderly—have been lured by scammers into transferring funds via cryptocurrency ATMs; legislators in Delaware and New Jersey have already proposed similar blanket bans.