{"id":128403,"date":"2025-05-01T21:18:17","date_gmt":"2025-05-01T21:18:17","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=128403"},"modified":"2025-05-01T21:18:17","modified_gmt":"2025-05-01T21:18:17","slug":"us-lawmaker-proposes-crypto-atms-in-federal-buildings","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=128403","title":{"rendered":"US lawmaker proposes crypto ATMs in federal buildings"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsA Texas member of the US House of Representatives has proposed that government officials consider installing cryptocurrency ATMs in federal buildings across the country.<br \/>\nIn a May 1 letter to Stephen Ehikian, the acting administrator of the General Services Administration (GSA) \u2014 the entity responsible for managing the US government\u2019s properties \u2014 Rep. Lance Gooden claimed that introducing crypto ATMs to federal buildings would serve as an \u201ceducational resource\u201d and reflect advances in financial technology. He requested that the GSA begin exploring the necessary guidelines and regulations needed to install such ATMs in government-controlled properties across the US, citing alignment with President Donald Trump\u2019s goals.<br \/>\nMay 1 letter pitching crypto ATMs to GSA. Source: Rep. Lance GoodenAccording to financial disclosure reports filed with the US House of Representatives, Gooden had held no investments in cryptocurrency or ATM companies since taking office in 2019. He had not yet filed any financial disclosures with the government for 2025 investments.<br \/>\nThe GSA website stated it may provide space to ATMs from federal credit unions, but it was unclear whether the acting administrator had the authority to expand the regulations to include digital asset ATMs tied to private companies like Bitcoin Depot or CoinFlip. Cointelegraph reached out to Gooden\u2019s office for comment but did not receive a response at the time of publication.<br \/>\nRelated: Eric Trump: USD1 will be used for $2B MGX investment in Binance<br \/>\nGooden, a Republican and Trump supporter, made the proposal as lawmakers in the US Senate consider legislation to crack down on fraud through crypto ATMs. In February, Illinois Senator Dick Durbin introduced the Crypto ATM Fraud Prevention Act, aimed at placing \u201ccommon sense guardrails\u201d against fraud affecting many senior citizens.<br \/>\nWho would ultimately make the decision?<br \/>\nIt\u2019s unclear whether Ehikian, a Trump appointee, would have the authority to unilaterally \u2014 or even with the president\u2019s approval \u2014 install the crypto ATMs without an act of Congress to authorize funding. Cointelegraph reached out to the GSA for comment but did not receive a response at the time of publication.<br \/>\nTrump has significant exposure to cryptocurrencies and digital asset firms through his personal holdings, presidential campaign funds, family-backed businesses, and the TRUMP memecoin. In April, the president announced a dinner in DC for top holders of his memecoin.<br \/>\nMagazine: Trump\u2019s crypto ventures raise conflict of interest, insider trading questions<a href=\"https:\/\/cointelegraph.com\/news\/representative-lance-gooden-crypto-atms-federal-buildings?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsA Texas member of the US House of Representatives has proposed that government officials consider installing cryptocurrency ATMs in federal buildings across the country. In a May 1&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/128403"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=128403"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/128403\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=128403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=128403"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=128403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}