Key Takeaways Albuquerque banned crypto ATMs and cashier crypto transactions to protect vulnerable residents from fraud. Operators must remove all targeted machines within 45 days of the ordinance’s effective date or face fines. Residents can still trade crypto online, though this local ban mirrors a broader nationwide ATM crackdown. Albuquerque Imposes Blanket Ban on Crypto ATMs With Virtual Currency Ordinance The city of Albuquerque, New Mexico, has moved to curb widespread fraud using crypto ATMs and cashier-facilitated crypto transactions within its limits. On Thursday, the city announced the passage of O-26-49, known as the “Virtual Currency Ordinance,” which imposes a …