Tennessee Court Declines to Pause Crypto ATM Ban Ahead of July 1 Effective Date

A U.S. federal court has declined to pause Tennessee’s ban on cryptocurrency ATMs ahead of its July 1 effective date, leaving the measure in force while a legal challenge continues. According to NS3.AI, Public Chapter 766 remains enforceable as CoinFlip and Private IT Corporation pursue a constitutional lawsuit against the law. The statute makes the intentional operation of virtual currency kiosks in Tennessee a Class A misdemeanor.