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New crypto ATM scam protections to take effect in NH

New crypto ATM scam protections to take effect in NH

New crypto ATM scam protections to take effect in New Hampshire

MANCHESTER, N.H. —

New rules will soon take effect in New Hampshire aimed at protecting Granite Staters from cryptocurrency scams at the ATM.

Senate Bill 482 was signed into law over the summer, and it will provide additional protections against the scams, including giving victims 14 days to request a full refund.

Officials said that until now, crypto ATMs have been mostly unregulated in New Hampshire, making it hard to recover money that was stolen.

On Monday, AARP New Hampshire joined state leaders to announce the protections under the new legislation. The law sets a $2,000 daily transaction limit, and new customer transactions will be held for 48 hours. Leaders hope these…

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