{"id":75150,"date":"2026-07-09T02:21:52","date_gmt":"2026-07-09T02:21:52","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/tennessee-crypto-atm-ban-takes-effect-after-federal-court-rejects-emergency-challenge\/"},"modified":"2026-07-09T02:21:52","modified_gmt":"2026-07-09T02:21:52","slug":"tennessee-crypto-atm-ban-takes-effect-after-federal-court-rejects-emergency-challenge","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/tennessee-crypto-atm-ban-takes-effect-after-federal-court-rejects-emergency-challenge\/","title":{"rendered":"Tennessee Crypto ATM Ban Takes Effect After Federal Court Rejects Emergency Challenge"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">A federal court denied an emergency request to block Tennessee\u2019s cryptocurrency ATM ban before its July 1 effective date.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Public Chapter 766 remains enforceable while constitutional challenges from CoinFlip and Private IT Corporation move forward.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The court found public interest favored enforcement, although plaintiffs showed the law would cause economic harm.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Why Did Tennessee\u2019s Cryptocurrency ATM Ban Survive Its First Legal Test?<\/h2>\n<p>A federal court declined to halt Tennessee\u2019s <span>cryptocurrency<\/span> ATM ban before it took effect, Attorney General Jonathan Skrmetti announced July 7. The ruling followed a lawsuit by GPD Holdings, LLC, operating as Coinflip, and Charles Wernicke, CEO of Private IT Corporation. The plaintiffs sought a temporary restraining order blocking Public Chapter 766 before its July 1 implementation.<\/p>\n<p>The court found the plaintiffs failed to meet the legal standard for emergency injunctive relief. Although the businesses showed economic harm, the court said that did not outweigh the public interest in allowing a law passed by the Tennessee General Assembly to take effect. The case will continue while the statute remains enforceable.<\/p>\n<p>Skrmetti welcomed the ruling and tied <span>cryptocurrency<\/span> ATMs to fraud targeting vulnerable residents. He said:<\/p>\n<blockquote>\n<p>\u201c <span>Cryptocurrency<\/span> ATMs are tools for scammers targeting vulnerable Tennesseans and are rarely used for anything approaching a legitimate purpose.\u201d<\/p>\n<\/blockquote>\n<p>He also urged people to watch for unusual <span>cryptocurrency<\/span> transactions involving elderly relatives or friends who may be scam victims.<\/p>\n<p>Coinflip is one of the world\u2019s largest <span>cryptocurrency<\/span> ATM operators, with more than 5,500 <span>Bitcoin<\/span> ATMs across 48 U.S. states and several countries. Private IT Corporation is a smaller operator that joined the lawsuit after Tennessee\u2019s ban threatened its local business.<\/p>\n<h2>How Far Are States Willing to Go Against Crypto ATMs?<\/h2>\n<p>Indiana, Vermont, and Tennessee have fully banned <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">cryptocurrency<\/a> ATMs as states respond to scams involving irreversible <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> payments. Others are taking narrower steps: Delaware has proposed a possible ban, North Carolina and Virginia have adopted stricter rules, and Texas is studying fraud controls without banning the machines.<\/p>\n<p>The industry is pushing back through lawsuits, lobbying, and public relations campaigns. Operators argue that transaction limits, fraud warnings, registration rules, and stronger Know Your Customer checks would protect consumers without outlawing the machines.<\/p>\n<h2>What Does Public Chapter 766 Prohibit, and What Happens Next?<\/h2>\n<p>The Tennessee Office of the Attorney General defended the law for the state and the Tennessee Department of Financial Institutions. The measure aims to protect consumers by limiting machines state officials link to fraud. The announcement details:<\/p>\n<blockquote>\n<p>\u201cPublic Chapter 766 makes it a Class A misdemeanor to knowingly install, permit, place, or operate a virtual currency kiosk in Tennessee. The legislation was enacted following testimony before the General Assembly regarding the growing use of <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> ATMs in scams that have cost victims millions of dollars nationwide.\u201d<\/p>\n<\/blockquote>\n<p>The court also reviewed the plaintiffs\u2019 constitutional claims and found they had not shown a likely chance of success. It further concluded that the alleged burdens on interstate commerce did not clearly outweigh Tennessee\u2019s interest in preventing fraud and protecting consumers.<\/p>\n<p>The broader lawsuit remains active, and future proceedings will determine whether Public Chapter 766 survives the constitutional challenge. Until then, Tennessee\u2019s <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> ATM ban remains in effect.<\/p>\n<div class=\"not-prose my-3 lg:my-4\"><a aria-label=\"Read Now: Coinatmradar Data Shows Global Crypto ATMs Crash From 38,708 Down to 27,945 Machines\" class=\"block overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] no-underline focus-visible:outline-none focus-visible:ring-2 focus-visible:ring-[#4169E1] focus-visible:ring-offset-2 flex flex-col md:hidden\" href=\"https:\/\/news.bitcoin.com\/coinatmradar-data-shows-global-crypto-atms-crash-from-38708-down-to-27945-machines\/\"><\/p>\n<div class=\"relative aspect-video w-full overflow-hidden rounded-[15px]\"><\/p>\n<h3 class=\"absolute inset-x-0 bottom-0 m-0 p-3 text-xl font-bold capitalize leading-[1.17] tracking-[-0.4px] !text-white\">Coinatmradar Data Shows Global Crypto ATMs Crash From 38,708 Down to 27,945 Machines<\/h3>\n<\/div>\n<div class=\"flex flex-col gap-2.5 px-1 pt-2.5 pb-1\">\n<p class=\"m-0 line-clamp-2 text-xs leading-[1.3] !text-[#67656E]\">The United States has lost 10,763 crypto automated teller machines (ATMs) since the network stood at 38,708 machines 68 days\u2026<\/p>\n<p><span aria-hidden=\"true\" class=\"flex items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white h-[38px] w-full\">Read Now<\/span><\/div>\n<p><\/a><a aria-label=\"Read Now: Coinatmradar Data Shows Global Crypto ATMs Crash From 38,708 Down to 27,945 Machines\" class=\"block overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] no-underline focus-visible:outline-none focus-visible:ring-2 focus-visible:ring-[#4169E1] focus-visible:ring-offset-2 hidden md:flex md:flex-row md:gap-3 lg:hidden\" href=\"https:\/\/news.bitcoin.com\/coinatmradar-data-shows-global-crypto-atms-crash-from-38708-down-to-27945-machines\/\"><\/p>\n<div class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\"><img alt=\"Coinatmradar Data Shows Global Crypto ATMs Crash From 38,708 Down to 27,945 Machines\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"150px\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fcoinatmradar-data-shows-global-crypto-atms-crash-from-38708-down-to-27945-machines-150x150.png&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fcoinatmradar-data-shows-global-crypto-atms-crash-from-38708-down-to-27945-machines-150x150.png&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fcoinatmradar-data-shows-global-crypto-atms-crash-from-38708-down-to-27945-machines-150x150.png&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fcoinatmradar-data-shows-global-crypto-atms-crash-from-38708-down-to-27945-machines-150x150.png&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fcoinatmradar-data-shows-global-crypto-atms-crash-from-38708-down-to-27945-machines-150x150.png&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fcoinatmradar-data-shows-global-crypto-atms-crash-from-38708-down-to-27945-machines-150x150.png&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fcoinatmradar-data-shows-global-crypto-atms-crash-from-38708-down-to-27945-machines-150x150.png&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fcoinatmradar-data-shows-global-crypto-atms-crash-from-38708-down-to-27945-machines-150x150.png&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fcoinatmradar-data-shows-global-crypto-atms-crash-from-38708-down-to-27945-machines-150x150.png&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fcoinatmradar-data-shows-global-crypto-atms-crash-from-38708-down-to-27945-machines-150x150.png&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fcoinatmradar-data-shows-global-crypto-atms-crash-from-38708-down-to-27945-machines-150x150.png&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fcoinatmradar-data-shows-global-crypto-atms-crash-from-38708-down-to-27945-machines-150x150.png&amp;w=1920&amp;q=75\"\/><\/p>\n<div class=\"absolute left-2 top-2\"><img alt=\"Bitcoin.com News\" loading=\"lazy\" width=\"28\" height=\"28\" decoding=\"async\" data-nimg=\"1\" class=\"size-7\" style=\"color:transparent\" srcset=\"\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=32&amp;q=75 1x, \/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75 2x\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75\"\/><\/div>\n<\/div>\n<div class=\"flex min-w-0 flex-1 flex-col justify-between gap-2\">\n<h3 class=\"m-0 line-clamp-3 text-xl font-bold capitalize leading-[1.17] tracking-[-0.4px] !text-[#1C1C1C]\">Coinatmradar Data Shows Global Crypto ATMs Crash From 38,708 Down to 27,945 Machines<\/h3>\n<p class=\"m-0 line-clamp-2 text-sm leading-[1.3] !text-[#67656E]\">The United States has lost 10,763 crypto automated teller machines (ATMs) since the network stood at 38,708 machines 68 days\u2026<\/p>\n<p><span aria-hidden=\"true\" class=\"flex items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white h-[38px] w-full\">Read Now<\/span><\/div>\n<p><\/a><a aria-label=\"Read Now: Coinatmradar Data Shows Global Crypto ATMs Crash From 38,708 Down to 27,945 Machines\" class=\"block overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] no-underline focus-visible:outline-none focus-visible:ring-2 focus-visible:ring-[#4169E1] focus-visible:ring-offset-2 hidden lg:flex lg:flex-row lg:gap-4\" href=\"https:\/\/news.bitcoin.com\/coinatmradar-data-shows-global-crypto-atms-crash-from-38708-down-to-27945-machines\/\"><\/p>\n<div class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\"><img alt=\"Coinatmradar Data Shows Global Crypto ATMs Crash From 38,708 Down to 27,945 Machines\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"150px\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fcoinatmradar-data-shows-global-crypto-atms-crash-from-38708-down-to-27945-machines-150x150.png&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fcoinatmradar-data-shows-global-crypto-atms-crash-from-38708-down-to-27945-machines-150x150.png&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fcoinatmradar-data-shows-global-crypto-atms-crash-from-38708-down-to-27945-machines-150x150.png&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fcoinatmradar-data-shows-global-crypto-atms-crash-from-38708-down-to-27945-machines-150x150.png&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fcoinatmradar-data-shows-global-crypto-atms-crash-from-38708-down-to-27945-machines-150x150.png&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fcoinatmradar-data-shows-global-crypto-atms-crash-from-38708-down-to-27945-machines-150x150.png&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fcoinatmradar-data-shows-global-crypto-atms-crash-from-38708-down-to-27945-machines-150x150.png&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fcoinatmradar-data-shows-global-crypto-atms-crash-from-38708-down-to-27945-machines-150x150.png&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fcoinatmradar-data-shows-global-crypto-atms-crash-from-38708-down-to-27945-machines-150x150.png&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fcoinatmradar-data-shows-global-crypto-atms-crash-from-38708-down-to-27945-machines-150x150.png&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fcoinatmradar-data-shows-global-crypto-atms-crash-from-38708-down-to-27945-machines-150x150.png&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fcoinatmradar-data-shows-global-crypto-atms-crash-from-38708-down-to-27945-machines-150x150.png&amp;w=1920&amp;q=75\"\/><\/p>\n<div class=\"absolute left-2 top-2\"><img alt=\"Bitcoin.com News\" loading=\"lazy\" width=\"28\" height=\"28\" decoding=\"async\" data-nimg=\"1\" class=\"size-7\" style=\"color:transparent\" srcset=\"\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=32&amp;q=75 1x, \/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75 2x\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75\"\/><\/div>\n<\/div>\n<div class=\"flex min-w-0 flex-1 flex-col justify-center gap-2\">\n<p><h3 class=\"m-0 min-w-0 flex-1 line-clamp-2 text-2xl font-bold capitalize leading-[1.17] tracking-[-0.48px] !text-[#1C1C1C]\">Coinatmradar Data Shows Global Crypto ATMs Crash From 38,708 Down to 27,945 Machines<\/h3>\n<p><span aria-hidden=\"true\" class=\"flex items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white h-12 w-[180px] shrink-0\">Read Now<\/span><\/p>\n<p class=\"m-0 line-clamp-2 text-base leading-[1.3] !text-[#67656E]\">The United States has lost 10,763 crypto automated teller machines (ATMs) since the network stood at 38,708 machines 68 days\u2026<\/p>\n<\/div>\n<p><\/a><\/div>\n<\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/tennessee-crypto-atm-ban-takes-effect-after-federal-court-rejects-emergency-challenge\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways A federal court denied an emergency request to block Tennessee\u2019s cryptocurrency ATM ban before its July 1 effective date. Public Chapter 766 remains enforceable while constitutional challenges from CoinFlip and Private IT Corporation move forward. The court found public interest favored enforcement, although plaintiffs showed the [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":75151,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/75150"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=75150"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/75150\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/75151"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=75150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=75150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=75150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}