In CommitteeFiled Jan 13, 2026
Sponsor: Paul Moriarty (D)
Latest Action
Received in the Assembly, Referred to Assembly Science, Innovation and Technology Committee
Jun 30, 2026
Summary
The bill makes it illegal for any business to own, install, manage, sell, or offer a cryptocurrency ATM in the state. It seeks to protect consumers from scams that have generated over $110 million in losses, particularly affecting older adults. Violations could be punished with fines up to $20,000 and other enforcement actions.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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