crypto.news 2025-05-02 15:45:19

Texas lawmaker pushes for crypto ATMs in federal buildings

Texas Representative Lance Gooden has formally asked the General Services Administration to consider installing cryptocurrency ATMs in federal buildings across the United States. Gooden cited the need to modernize public infrastructure and support a growing segment of Americans engaging with digital assets. In a May 1 letter to Acting GSA Administrator Stephen Ehikian, Gooden urged the agency to begin evaluating the feasibility of the initiative, emphasizing that such a move would “signal to the public that the government is embracing innovation in a secure and responsible manner.” The proposal aligns with former President Donald Trump’s campaign focus on advancing U.S. leadership in cryptocurrency and blockchain technology. “Expanding accessibility to crypto ATMs within federal buildings aligns with President Trump’s vision of positioning the United States as a global leader in cryptocurrency,” Gooden wrote. Gooden’s proposal calls for robust identity verification, transparent fee structures, and adherence to anti-money laundering regulations. He also stressed the importance of collaboration between regulators, private sector technology providers, and compliance experts to ensure any implementation prioritizes consumer protection and trust. You might also like: Tether eyes US stablecoin launch later this year: report ATM popularity Crypto ATMs have been growing in number in recent years, but they’ve also drawn scrutiny from regulators. Law enforcement agencies have flagged these kiosks as potential vectors for fraud, including scams targeting vulnerable users. Gooden’s letter does not ignore these concerns, instead urging the GSA to establish clear operational guidelines to mitigate such risks. By adding crypto ATMs into federal spaces, Gooden argues, the government can provide both practical financial access and public education on digital assets—particularly in underserved communities. The GSA has yet to publicly respond to the request. You might also like: UK’s chief financial regulator proposes bans on buying crypto with debt

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