Tennessee has enacted legislation banning Bitcoin ATMs and cryptocurrency vending machines statewide, making it the second US state after Louisiana to prohibit the physical kiosks amid growing concerns about fraud and money laundering.Governor Bill Lee signed the bill into law on Thursday. The law takes effect July 1, 2026, giving existing operators 90 days to remove or relocate their machines.Proponents of the ban cited a surge in crypto ATM-related scams targeting elderly residents. According to the Tennessee Bureau of Investigation, losses tied to crypto ATM fraud exceeded $47 million in the state during 2025 — a 340% increase from the…
Author: Sarah Mitchell
Roughly 35 million XRP tokens were withdrawn from centralized exchanges in a single 24-hour period — a significant outflow event that some analysts believe could precede a notable price increase for Ripple’s native token.Exchange outflows suggest token holders are moving assets off trading platforms into private wallets with a longer-term holding intention. Large outflow events have preceded price rallies in XRP’s history, including the 2021 run from $0.25 to $1.96.”When you see this scale of outflows concentrated in a single day, something is happening behind the scenes,” wrote analyst Yashu Gola. “Whether it’s institutional accumulation or custodial transfers — the…