A Republican congressman in Texas has proposed the installation of Cryptocurrency ATMs in US federal buildings. Rope. The Lance Good wrote a May 1 letter to Stephen Ehikian, who currently acts as administrator for the General Services Administration (GSA), says news reports.
Trump Ally Frame’s proposal as “educational resource”
Good, one of the president’s well -known Republican Allies, recommended in his letter that Install crypto banks In state buildings would be a “educational resource” for the public.
He requested that GSA began to investigate guidelines and regulations required to install such machines on federally owned properties across the country.
Public documents submitted to the House of Representatives indicate that the Good has not explained anything Cryptocurrency Investments or ATM companies since selected 2019. There are no reported financial information in public registers available to the Texas representative from 2025.
Gooden's letter recommending crypto ATMs to GSA. Source: Rep. Lance Gooden
The authority’s questions unanswered
GSA Regulates and handles state -owned properties. Although the site says it can offer room for federal credit association machines, it is not certain if Ehikian can extend these regulations to digital asset machines provided by private companies.
Reports indicate that Ehikian, which was responded by US President Donald Trump, may not have a mandate to introduce these types of ATMs without the consent of Congress. Reports also reveal that the economy for such a quest may require a congressional act.
President’s crypto connections raise questions
Meanwhile, Trump has extensive commitment with digital coins and asset companies over multiple roads. These range from his individual investment, presidential campaign accounts, family-supported companies and Trump MEME coins.
Trump was reportedly hosting a dinner in Washington, DC in April for the leading holders of his Meme coins. This link creates issues regarding potential political impact on Cryptocurrency infrastructure in government buildings.
Senate considers tougher crypto -atm -regulations
Good’s bill comes when legislators in the Senate are considering legislative proposals to fight fraud with the help of digital currency. In February last year, Illinois introduced -Senator Dick Durbin CRYPTO ATM -BEDRÄNGRY DEPARTMENT LAW With the goal of establishing “Common Sense Curarails” against fraud that has damaged many older Americans.
The timing provides a narrative contrast between Gooden’s initiative to expand access to crypto technology and Durbin’s driving force for more protection against any abuse of the same system.
This leads to the debate on how to achieve a balance between innovation and consumer protection in the world of crypto courses.
Image from Unsplash, charts from TradingView
Editorial process For Bitcoinist is centered on delivering thoroughly investigated, correct and impartial content. We maintain strict purchasing standards, and each page undergoes frequent review of our team of top technological experts and experienced editors. This process ensures integrity, relevance and value of our content for our readers.
