According to Foresight News, Cointelegraph reports that Chico, California, is set to regulate Bitcoin ATMs through state laws and local regulations. The aim is to prevent fraud and ensure transaction transparency. The new legislation will limit daily deposit amounts and require all crypto ATMs to provide transaction receipts and operator information.

Data from Coin ATM Radar indicates that California has 2,872 crypto ATMs spread across various jurisdictions, with Chico currently hosting 347 active crypto ATMs.