Senator Cynthia Lummis pledged to address the issue of fraud tied to Bitcoin kiosks in pending crypto market legislation.

Bitcoin remains the foundation of crypto investing, but many beginners underestimate what they’re buying into.

Sen. Cynthia Lummis (R-Wyo.) voiced her long-standing concerns over fraudulent activities in the cryptocurrency kiosk space on Monday.

Wyoming Senator Cynthia Lummis said on Monday that the Senate’s digital asset market structure could tackle the problem of seniors being defrauded through crypto ATMs and kiosks.