BlockBeats News, May 13th, according to Decrypt, Arizona Governor Katie Hobbs vetoed two cryptocurrency-related bills while signing a regulatory bill targeting cryptocurrency ATMs.
The two vetoed bills included SB 1373 (Digital Asset Strategic Reserve Fund Act) and SB 1024 (Cryptocurrency Payments for State Taxes Act).
The signed HB 2387 bill establishes strict regulations for cryptocurrency ATMs, including requirements for operators to display a multi-language fraud warning, set daily transaction limits (new users $2,000, existing users $10,500), provide 24/7 customer support, and comply with anti-money laundering protocols.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.