WASHINGTON — Today, Congressman Lance Gooden (TX-05) sent a letter to General Services Administration (GSA) Administrator Stephen Ehikian, calling for the GSA to assess the feasibility of installing cryptocurrency ATMs in federal buildings across the United States.
This forward-thinking initiative aims to solidify U.S. leadership in the global cryptocurrency economy by increasing public access to digital assets and fostering greater financial innovation. By integrating Crypto ATMs into federal facilities, the proposal would enhance convenience for users and provide educational opportunities for the rapidly evolving digital economy.
“Cryptocurrency is transforming the financial landscape, and the United States must lead the charge in making these technologies accessible to all,” said Rep. Gooden. “Installing Crypto ATMs in federal buildings would not only democratize access to digital assets but also signal our commitment to innovation and economic growth.”
In his letter, Congressman Gooden emphasized the importance of embracing emerging technologies to maintain America’s competitive edge, stating:
“Expanding accessibility to crypto ATMs within federal buildings aligns with President Trump’s vision of positioning the United States as a global leader in cryptocurrency and blockchain technology. By embracing this initiative, we can take a significant step toward realizing that vision and solidifying our nation’s status as a superpower in the digital financial landscape.”
Recognizing the importance of securing the U.S. as a stable cryptocurrency market, Rep. Gooden urged for “close collaboration with regulators, industry experts, and technology providers to ensure adherence to anti-money laundering and other relevant standards”. He also requested the establishment of clear guidelines for Crypto ATM installation and operation, prioritizing robust identity verification and transparent transaction fees. With these measures, this initiative aims for a well-rounded approach in securing American leadership in the global cryptocurrency landscape by fostering innovation while ensuring consumer protection in an ever-evolving digital economy.
Read the full letter here.
Gooden's letter was featured in an exclusive article from CoinDesk.
This forward-thinking initiative aims to solidify U.S. leadership in the global cryptocurrency economy by increasing public access to digital assets and fostering greater financial innovation. By integrating Crypto ATMs into federal facilities, the proposal would enhance convenience for users and provide educational opportunities for the rapidly evolving digital economy.
“Cryptocurrency is transforming the financial landscape, and the United States must lead the charge in making these technologies accessible to all,” said Rep. Gooden. “Installing Crypto ATMs in federal buildings would not only democratize access to digital assets but also signal our commitment to innovation and economic growth.”
In his letter, Congressman Gooden emphasized the importance of embracing emerging technologies to maintain America’s competitive edge, stating:
“Expanding accessibility to crypto ATMs within federal buildings aligns with President Trump’s vision of positioning the United States as a global leader in cryptocurrency and blockchain technology. By embracing this initiative, we can take a significant step toward realizing that vision and solidifying our nation’s status as a superpower in the digital financial landscape.”
Recognizing the importance of securing the U.S. as a stable cryptocurrency market, Rep. Gooden urged for “close collaboration with regulators, industry experts, and technology providers to ensure adherence to anti-money laundering and other relevant standards”. He also requested the establishment of clear guidelines for Crypto ATM installation and operation, prioritizing robust identity verification and transparent transaction fees. With these measures, this initiative aims for a well-rounded approach in securing American leadership in the global cryptocurrency landscape by fostering innovation while ensuring consumer protection in an ever-evolving digital economy.
Read the full letter here.
Gooden's letter was featured in an exclusive article from CoinDesk.