Viral News

States like Illinois, Arizona, and Vermont are imposing stricter rules and limits on crypto ATM use amid rising fraud.

By Mukesh Prajapati

June 30, 2025

Surge in Crypto ATM Fraud 

Fraud cases involving crypto ATMs spiked, with scammers targeting seniors and exploiting irreversible blockchains.

States React with Regulation 

Regions including Rhode Island, Nebraska, and Spokane city have introduced licensing, warnings, and even bans.

Why These Regulations Matter 

Irreversible crypto transfers and lack of consumer safeguards led to major losses and urgent policy responses.

Fiserv’s Move Into Stablecoins 

Financial tech giant Fiserv is launching its own stablecoin—FIUSD—on Solana, interoperable with PayPal’s PYUSD.

What FIUSD Brings to the Table 

FIUSD aims to empower merchants and clients by adding transaction metadata and easy convertibility with PYUSD.

Solana Powering FIUSD 

Built on Solana, FIUSD leverages its fast, scalable network—benefiting both individuals and institutions.

Implications for Payments Industry 

FIUSD’s launch could fast‑track mainstream stablecoin adoption among businesses, merchants, and payment partners.

The Regulation‑Innovation Balance 

As ATM rules tighten, innovations like FIUSD show how regulation and new tech can coexist and protect users.

Stay Informed & Stay Secure 

Crypto users should track ATM rules and new stablecoins like FIUSD to make informed, safe decisions in 2025.