Texas Republican congressman proposes installing cryptocurrency ATMs in federal buildings

A Texas Republican congressman has proposed installing cryptocurrency ATMs in United States federal buildings.

A Texas Republican congressman has proposed installing cryptocurrency ATMs in United States federal buildings, a report by CCN has revealed.

Texas Republican Proposes Crypto ATMs in Federal Buildings

According to the report by CCN, Rep. Lance Gooden (R-Texas) made the proposal in a May 1 letter to Stephen Ehikian, who is presently serving as the acting administrator for the General Services Administration (GSA).

Gooden, one of the president’s well-known Republican allies, recommended in his letter that installing crypto ATMs in government buildings would be an “educational resource” for the public. He requested that the GSA start exploring guidelines and regulations that would be required for installing such machines on federally owned properties across the country.

Public documents filed with the House of Representatives indicate that Gooden has not declared any cryptocurrency investment or ATM firms since being elected in 2019. There are no reported financial disclosures in public records available for the Texas representative as of 2025.

The GSA regulates and manages government-owned properties. Although its website states that it can offer space for federal credit union ATMs, it is not certain if Ehikian can extend these regulations to digital asset ATMs provided by private companies.

According to the report, Ehikian, who was sworn in by US President Donald Trump, may not have a mandate to introduce these types of ATMs without consent from Congress. Reports also disclose that the finances for such an endeavor may demand an act of Congress.

Meanwhile, Trump has extensive engagement with digital coins and asset firms across multiple avenues. These range from his individual investments, presidential campaign accounts, family-backed enterprises, and the TRUMP meme coin.

The president reportedly hosted a dinner in Washington, DC in April for the leading holders of his meme coin. This link creates questions regarding potential policy influences regarding cryptocurrency infrastructure in government buildings.

As reported by Blockworks earlier this year, members of the Senate are considering bills to combat fraud using digital currency ATMs. Last February, Illinois Senator Dick Durbin introduced the Crypto ATM Fraud Prevention Act with the goal of establishing “common sense guardrails” against scams that have impacted many elderly Americans.

The initiative to introduce crypto technology into accessible spaces stands in contrast to Durbin’s push for more protection from possible abuse of the same systems. This brings to the fore the debate surrounding how to achieve a balance between innovation and consumer protection in the world of cryptocurrencies.

The post Texas Republican Proposes Installing Crypto ATMs In Federal Buildings appeared first on Benzinga.

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