Bitcoin Hits Record Highs During House's 'Crypto Week'

A sign advertises a Bitcoin ATM at a gas station on July 16, 2025 near Pasadena, California.

Tennessee has become the second state in the nation to ban cryptocurrency ATMs. 

Gov. Bill Lee signed the bill late last week to ban cryptocurrency ATMs outright in the state based on concerns from bankers, law enforcement and elderly advocates that the kiosks are being used primarily for fraud.  

Bitcoin Hits Record Highs During House's 'Crypto Week'

A bitcoin ATM is seen in a convenience store on July 16, 2025, in Miami, Florida.