S 2141 New Jersey Senate · 2026-2027 Regular Session

Prohibits cryptocurrency automatic teller machines.

New Jersey's S 2141 bans businesses from owning, operating, or selling cryptocurrency ATMs within the state. The bill defines a cryptocurrency ATM as a physical kiosk that allows users to buy, sell, or exchange digital currency using cash, debit, or credit cards. Violations would result in fines up to $20,000 per offense, with enforcement under the state's consumer fraud laws. This action responds to Federal Trade Commission data showing crypto ATM scams caused over $65 million in fraud losses in the first half of 2024, disproportionately affecting older adults.
Bill status passed 3 of 5 stages cleared
Introduction
Jan 2026
Committee Review
Jun 2026
Senate Passage
Jun 2026
General Assembly Passage
Governor
Introduced Jan 13, 2026 Last action Jun 30, 2026
Maddy AI version diff · 1 comparison

What changed between versions

Technical Review Of Prefiled Bill Introduced · 3 edits · Jan 13, 2026
MINOR
This is a transition from a technical review draft to an introduced version of the bill. The substantive policy text is unchanged; the only meaningful addition is a standard legislative STATEMENT section summarizing the bill's purpose and penalties. A minor capitalization fix was also made (Internet to internet).
TECHNICAL

A STATEMENT section was added at the end of the bill providing a plain-language summary of the legislation, including its prohibition on cryptocurrency ATMs, definitions, penalties ($10,000 first offense, $20,000 subsequent), and the rationale citing FTC fraud data showing losses exceeding $110 million in 2023.

The bill status changed from 'As reported by the Senate Commerce Committee with technical review' to 'Introduced Pending Technical Review by Legislative Counsel,' reflecting its progression through the legislative process.

Minor capitalization correction: 'Internet-connected' was changed to 'internet-connected' in the definition of cryptocurrency automatic teller machine.

Floor votes

How they voted

This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history

Actions timeline

Total actions
4
Key actions
1
Committee
1
Jun 30, 2026
Committee
Received in the Assembly, Referred to Assembly Science, Innovation and Technology Committee
lower
Jun 30, 2026
Upper · Passed
Passed by the Senate (37-3)
upper
Jan 13, 2026
Introduced
Introduced in the Senate, Referred to Senate Commerce Committee
upper
2 primary · 6 co-sponsors

Sponsors