Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Texas lawmaker pushes for crypto ATMs in federal buildings

Texas lawmaker pushes for crypto ATMs in federal buildings

Crypto.NewsCrypto.News2025/05/01 16:00
By:By Micah ZimmermanEdited by Jayson Derrick

Texas Representative Lance Gooden has formally asked the General Services Administration to consider installing cryptocurrency ATMs in federal buildings across the United States. 

Gooden cited the need to modernize public infrastructure and support a growing segment of Americans engaging with digital assets.

In a May 1 letter to Acting GSA Administrator Stephen Ehikian, Gooden urged the agency to begin evaluating the feasibility of the initiative, emphasizing that such a move would “signal to the public that the government is embracing innovation in a secure and responsible manner.”

The proposal aligns with former President Donald Trump’s campaign focus on advancing U.S. leadership in cryptocurrency and blockchain technology. 

“Expanding accessibility to crypto ATMs within federal buildings aligns with President Trump’s vision of positioning the United States as a global leader in cryptocurrency,” Gooden wrote.

Gooden’s proposal calls for robust identity verification, transparent fee structures, and adherence to anti-money laundering regulations. 

He also stressed the importance of collaboration between regulators, private sector technology providers, and compliance experts to ensure any implementation prioritizes consumer protection and trust.

ATM popularity

Crypto ATMs have been growing in number in recent years, but they’ve also drawn scrutiny from regulators. Law enforcement agencies have flagged these kiosks as potential vectors for fraud, including scams targeting vulnerable users. 

Gooden’s letter does not ignore these concerns, instead urging the GSA to establish clear operational guidelines to mitigate such risks.

By adding crypto ATMs into federal spaces, Gooden argues, the government can provide both practical financial access and public education on digital assets—particularly in underserved communities. 

The GSA has yet to publicly respond to the request.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!