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Key Takeaways
- Disabled machines may remain in retail locations until December 31.
- Minnesota recorded 134 complaints and nearly $1 million in losses from 2023 through 2025.
- Bitcoin Depot cited state bans and tighter regulation among the pressures behind its shutdown.
Minnesota Chapter 65 prohibits anyone from installing, operating, maintaining or making a virtual currency kiosk available for use in the state.
The ban covers physical terminals that exchange cash, bank credit or another cryptocurrency for virtual currency. Minnesota residents can still own, trade and transfer digital assets through other legal channels.
Machines Must Be Offline Before They Are Removed
Operators had to stop making their kiosks available on August 1, but they have until December 31 to remove machines that remain visible or accessible in public locations.
The December deadline applies to physical removal. It does not allow the machines to continue processing transactions t...
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