A bill designed to protect Nebraska residents from scams using cryptocurrency is now law. Governor Jim Pillen signed the bill today, calling the law a guardrail to preventing criminals from taking advantage of Nebraskans. The Controllable Electronic Record Fraud Prevention Act requires a license for operators of crypto ATMs, fraud warning notices, daily transaction limits, fee caps to prevent excessive charges, and refunds for transactions identified as fraudulent.
New NE Law Targets Cryptocurrency Scams
Jack Guez
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