Rep. Lance Gooden, a Republican from Texas, has officially requested the General Services Administration (GSA) to explore installing cryptocurrency ATMs in federal buildings across the United States, citing alignment with President Donald Trump's crypto vision.
Crypto ATMs as Educational Tools
In a May 1 letter to GSA acting administrator Stephen Ehikian, Gooden argued that crypto ATMs could:
- Act as educational resources for the public.
- Reflect the federal government's embrace of financial technology.
- Symbolize progress under Trump's vision to make the U.S. a leader in crypto innovation.
“This initiative would reflect the forward-thinking financial strategies supported by President Trump,” Gooden wrote.
Regulations and Authority in Question
Currently:
- The GSA only allows ATM placements from federal credit unions.
- It remains unclear whether Ehikian or the president has the authority to authorize installations from private companies like Bitcoin Depot or CoinFlip.
No financial disclosures show Gooden holds crypto or ATM-related investments as of 2025, maintaining the proposal’s neutrality on financial self-interest.
Political Context and Legislative Pushback
Gooden’s proposal comes as lawmakers are also debating new crypto ATM fraud legislation:
- Sen. Dick Durbin introduced the Crypto ATM Fraud Prevention Act in February.
- The bill seeks to impose stricter guardrails to protect vulnerable users — especially seniors — from scams at digital asset kiosks.
Meanwhile, Trump’s growing alignment with crypto continues to draw attention:
- He has promoted the TRUMP memecoin.
- His campaign has accepted crypto donations.
- A private dinner for TRUMP token holders was recently announced.
Who Holds the Power?
While Gooden’s proposal aligns with Trump’s broader crypto-friendly stance, the move could require:
- Legislation by Congress to fund and authorize implementation.
- Regulatory reforms to allow private crypto ATM companies into federal spaces.
The GSA has not yet responded to public inquiries about this proposal.
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