The Democratic leader of the Senate Judiciary Committee, Dick Durbin, proposed legislation on Tuesday called the Cryptocurrency ATM Fraud Prevention Act aimed at reducing cryptocurrency ATM fraud. Debin's bill requires encrypted ATM operators to warn consumers of fraud risks and establish a Chief Compliance Officer to develop anti fraud policies, which will be reported to the Financial Crime Enforcement Network (FinCEN). In addition, the bill also stipulates a daily transaction limit of $2000 for new customers, and if customers report fraudulent transactions within 30 days, they will receive a full refund. （TheBlock） https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=38536