A Texas congressman has suggested the installation of cryptocurrency ATMs in federal buildings across the US. Rep. Lance Gooden believes that these ATMs would serve as educational tools and showcase advancements in financial technology. He has urged the General Services Administration (GSA) to explore the necessary guidelines for this initiative, aligning it with President Trump's objectives. Gooden, who has no investments in cryptocurrency, proposed this idea amidst discussions in the Senate about regulating fraud through crypto ATMs. However, it remains uncertain if the GSA has the authority to implement such ATMs without congressional approval. Trump's involvement in cryptocurrencies through personal holdings and businesses has raised concerns about conflicts of interest and insider trading. Despite reaching out for comments, responses from Gooden's office and the GSA are pending. Read more AI-generated news on: https://app.chaingpt.org/news