Albuquerque Bans Physical Cryptocurrency ATMs and Cashier-Facilitated Transactions

Albuquerque Santa Fe, NM, October 2, 2026 —

Albuquerque has officially banned the operation of physical cryptocurrency ATMs and cashier-facilitated virtual currency transactions within the city limits. The ordinance was signed into law by Mayor Tim Keller.

The new law specifically prohibits entities from operating or facilitating virtual currency transactions through physical kiosks or with the assistance of a cashier within Albuquerque. This measure targets the physical infrastructure and direct human-facilitated exchange points for cryptocurrencies.

Details regarding the specific timeline for the ordinance’s implementation beyond the signing date were not provided. Similarly, the contractor’s name involved in the drafting or implementation of the ordinance was not disclosed. The exact reasons or specific concerns that led to this legislative action, such as potential risks or regulatory gaps, were also not detailed in the information available.

The ordinance signifies a regulatory stance taken by the city government concerning the accessibility and operation of cryptocurrency services on a physical, in-person level. Mayor Tim Keller’s approval marks the formal adoption of these restrictions within the city’s legal framework.

Story summarized from the original created by Fallon Fischer on www.krqe.com, see more information here.

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