Articles for tag: Accountability, Consumer Protection, Cryptocurrency Kiosks, financial transparency, Maryland, Regulation, Scams

Market News

Maryland Considers New Regulations for Cryptocurrency Kiosks to Combat Rising Scam Concerns and Protect Consumers

The Maryland General Assembly is considering a new bill to regulate over 700 cryptocurrency kiosks in the state, targeting their role in scams. Recent reports highlighted that these kiosks have been linked to more than 4,400 complaints nationwide, causing losses of over $150 million. The proposed legislation aims to introduce registration and operating requirements, ensuring ...

Market News

Maryland Weighs Regulations for Cryptocurrency Kiosks to Address Growing Scam Concerns and Protect Consumers

Maryland is looking to regulate over 700 cryptocurrency kiosks in response to growing scams, following a report of 4,400 complaints across the country with losses exceeding $150 million. The proposed law would require kiosk operators to register, disclose transaction fees, and provide detailed receipts. This move is aimed at increasing transparency and accountability, as these ...

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