Albuquerque City Council unanimously approved Ordinance O-26-49, prohibiting cryptocurrency ATMs and cashier-facilitated virtual currency transactions across the city. Operators and businesses hosting the machines must physically remove them within 45 days after the ordinance takes effect, although the effective date has not been published. The measure also exposes kiosk operators, property owners, landlords and retailers to cumulative daily fines, possible business-license revocation and injunctive action. Residents may still own, mine and transfer cryptocurrencies through online exchanges and personal wallets under Section 13-22-5. Councilor Tammy Fiebelkorn and District 1 Councilor Stephanie W. Telles co-sponsored the measure, citing fraud concerns; Telles said 90% of local crypto ATM transactions are fraud-related, an assertion not supported by published data or methodology. The action follows statewide restrictions in Indiana, Tennessee and Minnesota, while federal data show nearly 11,000 crypto kiosk fraud complaints involving more than $246 million in reported losses during 2024.