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House narrows kiosk moratorium in captive-insurance bill, exempts already-operating machines
Summary
The House concurred in Senate amendments to H.659 (captive insurance) that shorten a moratorium on virtual-currency kiosks to one year, exempt kiosks operational on or before June 30, 2024, and move the regulator's report deadline to Jan. 15, 2025.
Lawmakers on the Vermont House floor concurred in the Senate's proposed amendments to House Bill 659, an act nominally relating to captive insurance that also included provisions about virtual-currency kiosks.
The Member from Bethel summarized prior House actions: an earlier House amendment had proposed a moratorium on any virtual-currency kiosks operating in the state (including closing previously opened kiosks) until July 1, 2026, with a report due in…
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