Crypto ATM Fraud Prevention Act of 2025
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To amend title 31, United States Code, to prevent fraudulent transactions at virtual currency kiosks, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Technology, Criminal Justice.
Who Benefits and How
financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section S1: 1. Short title This Act may be cited as the Crypto ATM Fraud Prevention Act of 2025.
- Section id5fdd16bf4c824cdd95fcf87ff1a2a73e: 2. Registration with the Secretary of the Treasury Section 5330 of title 31, United States Code, is amended— in subsection (d)— in paragraph (1)(A), by...
- Section idcd8b7ac13bf74479bb22d18002ec9ad7: 3. Preventing fraudulent transactions at virtual currency kiosks Subchapter II of Chapter 53 of Title 31, United States Code, is amended by adding at the end...
- Section id1a0bd38283b34bd6ba420eb0292af10d: 5337. Virtual currency kiosk fraud prevention In this section: The term blockchain analytics means the analysis of data from blockchains or public distributed...
- Section id1939d9a71dcc4cf0910da3b1c8a1026c: 4. Effective date The amendments made by this Act shall take effect 90 days after the date of enactment of this Act.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To amend title 31, United States Code, to prevent fraudulent transactions at virtual currency kiosks, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Technology, Criminal Justice
Primary Purpose
This bill, To amend title 31, United States Code, to prevent fraudulent transactions at virtual currency kiosks, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Sponsors
Legislative Progress
In CommitteeMr. Durbin (for himself, Mr. Blumenthal, Mr. Reed, and Mr. …
Read twice and referred to the Committee on Banking, Housing, …
Introduced in Senate
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "secretary_of_treasury"
- → Secretary of the Treasury
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology