Tennessee to ban cryptocurrency kiosks starting July 1

The use and installation of cryptocurrency kiosks will be banned in the U.S. state of Tennessee, effective July 1. According to Cointelegraph, Governor Bill Lee has signed a bill classifying the installation of these kiosks as a Class A misdemeanor. With the new classification, operators and businesses that install the kiosks could face up to 11 months and 29 days in prison and a fine of $2,500.