House lawmakers broke with the House Committee on Commerce and Consumer Affairs’ majority recommendation on Thursday, Apr. 23, to advance an earlier version of a bill intended to prevent cryptocurrency scams.
Senate Bill 482, from prime sponsor and Merrimack Republican Sen. Tim McGough, passed Thursday morning after debate, 214-140. The Republican majority of the House Commerce Committee had recommended a version of the bill with an amendment from Rep. Keith Ammon, a New Boston Republican, but that amendment was defeated Thursday.
Both versions of the bill sought to prevent scams conducted through cryptocurrency kiosks, machines that allow users to purchase difficult-to-trace digital currencies with cash in person….






