Cryptocurrency kiosks banned in St. Paul beginning next month [CBS News]
Bitcoin Depot Inc. - Class A (BTM)
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Source: CBS News
St. Paul city council members in support of the ban said scams involving cryptocurrency kiosks/ATMs particularly impact seniors and those with low incomes. "A lot of them are along Ford Parkway, where we know that there is a concentration of seniors and older folk," said St. Paul Council member Saura Jost. According to the FBI, last year, there were nearly 11,000 complaints of cryptocurrency ATM fraud, resulting in more than $240 million in losses. Ethan McClelland is the director of government relations at Bitcoin Depot, which the city said has 10 locations in St. Paul. "Placing a reactionary ban on an industry that is already licensed and regulated by the state, which serves a legitimate financial purpose for many St. Paul residents, is unnecessary and will deprive many customers, particularly those who choose to transact in cash, of their only way to participate in the growing digital economy," McClelland said. "Part of the reason they're becoming so popular is that the
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News
- Bitcoin Depot Hit With $18.5M Award – Faces Dual Lawsuits Over “Crippling” ATM Failures [Yahoo! Finance]Yahoo! Finance
- Chapter 11 bankrupt crypto firm scores millions in arbitration win [Yahoo! Finance]Yahoo! Finance
- Bitcoin Depot appoints Scott Buchanan as CEO, Elizabeth Simer as COO [Yahoo! Finance]Yahoo! Finance
- Bitcoin Depot: Stellar Q3, But Soft Near-Term Outlook Dampens Momentum [Seeking Alpha]Seeking Alpha
- Bitcoin Depot Appoints Scott Buchanan as Chief Executive Officer; Founder Brandon Mintz to Continue to Serve as Executive ChairmanGlobeNewswire
BTM
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- 11/13/25 - Beat
BTM
Sec Filings
- 12/3/25 - Form 4
- 11/25/25 - Form 4
- 11/25/25 - Form DEF
- BTM's page on the SEC website