Katie Biber, Chief Legal Officer for Paradigm, has emphasized the potential of crypto kiosks to support unbanked users if paired with stronger anti-fraud safeguards. This statement was made during a discussion with the Cryptocurrency Anti-Fraud Education (CAFE) Association following the GENIUS Act panel at at the Federalist Society's 2025 National Lawyers Convention.
"There are legitimate ways that Bitcoin ATMs can actually serve the unbanked," said Biber. "Anti-fraud protections are great. If they start working on anti-fraud measures, I would absolutely applaud them."
According to her opinion piece in CoinDesk, Biber critiques the current state of crypto ATMs and advocates for enhanced anti-fraud measures. She states, "Anti-fraud protections are great" and would "absolutely applaud them" if operators begin implementing such measures. Biber argues that improving kiosks is essential for consumer protection and is not an anti-crypto stance. However, some advocates suggest that her focus on enforcement may overlook the practical role cash-based kiosks play for underbanked communities.
Reporting from Crypto République highlights comments from CAFE Association's founding executive director Edward "Coach" Weinhaus. He addressed Biber and Paul Grewal after the GENIUS Act panel, cautioning that aggressive enforcement could "sacrifice access to digital assets by the millions." In this context, Biber is recognized as a leading legal voice on stablecoins and crypto kiosks, advocating for fraud prevention while acknowledging the importance of access.
Fiat Reporter’s coverage of the GENIUS Act panel fallout notes that Biber's focus remains on statutory and regulatory design rather than broader financial inclusion. When asked about impacts on unbanked Americans, she said that "the underbanked is not the topic of this panel," emphasizing her view that immediate priorities involve implementing Congress's framework for stablecoins.
Biber serves as Chief Legal Officer at Paradigm, overseeing legal and regulatory compliance for a research-driven crypto investment firm. Her background includes roles as general counsel at Anchorage and chief legal officer at Brex, providing extensive experience in bank-grade compliance.
The CAFE Association operates as a nonprofit dedicated to preventing crypto-related fraud through consumer protection, education, and industry standards. Its mission includes protecting consumers from cryptocurrency fraud and promoting trust in digital financial systems through transparency and accountability.