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AARP urges ban on crypto kiosks; industry urges collaboration at Saint Paul hearing
Summary
At a public hearing on a proposed ban on virtual-currency kiosks, an AARP volunteer urged stronger consumer protections and a ban, while Bitcoin Depot’s government-relations director urged working with the state and industry instead of a local ban. Council closed the hearing and laid the matter over to Nov. 19.
A public hearing on an ordinance that would prohibit placement of virtual-currency kiosks in Saint Paul drew competing testimony Nov. 5.
Gordon Bridal, an AARP volunteer and Saint Paul resident, described kiosks as a vehicle used by scammers and urged legislation to “close loopholes and enhance oversight and prioritize consumer…
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