Rep. Gooden Pushes for Crypto ATMs on Government Property

Representative Lance Gooden raised the idea in a letter sent on May 1 to Stephen Ehikian, the acting head of the General Services Administration (GSA), the agency that manages federal properties.

Gooden explained that placing crypto ATMs in public buildings could help educate people about new financial technology. He said the decision would also reflect the country’s progress in adopting modern payment methods, which he believes aligns with the goals of President Donald Trump.

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In his letter, Gooden asked the GSA to begin reviewing what rules and requirements would be necessary to add crypto ATMs to government-managed sites.

The GSA’s current policy allows ATMs from federal credit unions to be installed in some buildings. However, it is not clear if this rule can be extended to crypto ATMs, especially those operated by private firms like Bitcoin BTC $96,582.42 Depot or CoinFlip.

Even if the GSA supports the idea, installing crypto ATMs in federal buildings could be complicated. Ehikian may not have the authority to approve such changes alone. Adding the machines might also require Congress to approve funding or pass new legislation.

Meanwhile, a group of nearly 30 crypto advocates addressed US Securities and Exchange Commission (SEC) Commissioner Hester Peirce in a letter dated April 30 about crypto staking rules. What did the letter say? Read the full story.