Kansas Must Lead on Cryptocurrency
When most people think about fraud, they picture a bad check or a suspicious phone call. After years working in cybersecurity and serving in the U.S. Army Reserves, I see something very different. Today’s financial scams look less like petty crime and more like organized cyber operations. They move fast, exploit technology, and are increasingly aimed at Kansas families who are simply trying to pay bills, save for retirement, and keep their personal information secure.
Cryptocurrency scams are one of the fastest growing threats in that environment. Across the country, Americans reported approximately $9.3 billion in losses tied to cryptocurrency fraud in 2024, according to the FBI’s Internet Crime Complaint Center. These schemes are not random. They are targeted, scripted, and designed to funnel money through digital systems that are difficult to trace and nearly impossible to recover once funds are sent.
In Kansas, we are seeing more cases involving digital currency kiosks placed in everyday retail locations. Victims are often coached step by step by criminals who pose as law enforcement officers, technical support agents, or government officials. By the time the fraud is discovered, the money has already disappeared into digital wallets beyond the reach of traditional safeguards.
This is not just a financial problem. It is a cybersecurity problem. And it requires modern solutions.
That is why the Kansas Legislature is advancing new protections focused on fraud prevention in digital asset transactions. The goal is straightforward. We must make it harder for criminals to operate and easier for Kansas families and seniors to recognize and stop scams before they cause permanent damage.
The legislation strengthens oversight of cryptocurrency kiosks and digital currency operators, requires meaningful fraud warnings and disclosures, mandates the use of tools that block transfers to wallets known to be connected to criminal activity, and provides cooling off periods and refund protections to give victims time to realize something is wrong. These measures are about prevention first, not punishment after the fact.
Strong consumer protection does not conflict with innovation. In fact, it enables it. Clear standards create safer markets, build trust, and allow responsible businesses to grow while shutting down bad actors who rely on confusion and loopholes.
Kansas is taking an important step forward, but digital crime does not respect state borders.
As Congress continues to debate national crypto legislation, federal lawmakers must recognize that inconsistent rules and regulatory gaps create opportunities for criminals. A modern digital economy requires a modern enforcement framework that prioritizes fraud prevention, accountability, and coordination between state and federal authorities.
Kansas families and seniors deserve consistent protections, whether a transaction happens in Topeka or through a server on the other side of the world. Kansas is moving to strengthen its safeguards. Now Washington must do the same and ensure that innovation does not come at the cost of security.



