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Senate concurs with House amendments to H659, adopts one‑year moratorium on new bitcoin kiosks
Summary
After committee review, the Senate concurred with House amendments to H659 and approved a compromise amendment implementing a one‑year moratorium on new virtual‑currency kiosks while exempting machines already operating in the state; Committee recommended monitoring by the Department of Financial Regulation.
The Senate concurred with House amendments to H659 and adopted further committee language that would place a moratorium on new virtual‑currency kiosks for one year while exempting kiosks already in operation.
The senator presenting the amendment said the bill originally included regulations and licensing provisions and that the House had brought forward a version that proposed a two‑year moratorium on all bitcoin…
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