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Sep 11, 2026

Albuquerque bans Bitcoin ATMs, giving operators 45 days to remove them

The Albuquerque city council passed an ordinance on September 10 banning cryptocurrency kiosks and cashier-facilitated virtual currency transactions, making it one of the first major U.S. cities to outright prohibit crypto ATMs. Operators have 45 days to comply with the new regulation.

Sep 11, 2026·2 sources
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Top claims

  • ▪Albuquerque District 1 Councilor Stephanie W. Telles asserted that 90% of cryptocurrency ATM transactions in Albuquerque are tied to fraud.
  • ▪Cryptocurrency ATM operators typically charge transaction fees ranging from 10% to 25%, which is significantly higher than online exchange fees.
  • ▪The Albuquerque cryptocurrency ATM ordinance gives virtual currency kiosk operators and hosting retailers 45 days to remove the physical machines after receiving formal notification.

Topics

BitcoinCrypto payments regulationCrypto regulation