Canadian Government Pushes for Sweeping Ban on Bitcoin, Crypto ATMs

Canadian Government Pushes for Sweeping Ban on Bitcoin, Crypto ATMs

Canadian Government Pushes for Sweeping Ban on Bitcoin, Crypto ATMs Price data byDecryptNewsLaw and OrderCanadian Government Pushes for Sweeping Ban on Bitcoin, Crypto ATMsThe country hosts nearly 4,000 crypto ATMs, second only to the U.S.By André BeganskiEdited by Andrew HaywardApr 29, 2026Apr 29, 20262 min readA Bitcoin Depot kiosk. Image: Decrypt/Jasper County Sheriffs DepartmentCreate an account to save your articles.Add on GoogleAdd Decrypt as your preferred source to see more of our stories on Google.In brief Canada’s Department of Finance is pushing for a sweeping ban on Bitcoin and crypto ATMs, in an attempt to clamp down on a growing number of scams. The measure would still allow Canadians to exchange cash for crypto at brick-and-mortar stores, where employees are present. The government’s proposal comes amid similar measures enacted or passed by U.S. states, including Indiana a

Source: https://decrypt.co/365983/canadian-government-pushes-sweeping-ban-bitcoin-crypto-atms