Massachusetts bills · 194th Legislature (2025-2026)
Massachusetts S 3048
An Act to stop cryptocurrency ATM misuse ("SCAM" Act)
- Introduced
- In committee
- Passed Senate
- Passed House
- To Governor
- Became law
Sponsors
- Joint Committee on Financial Services
Cosponsors (16)
- John J. Cronin (Democratic)
- Barry R. Finegold (Democratic)
- Joanne M. Comerford (Democratic)
- Peter J. Durant (Republican)
- Patricia D. Jehlen (Democratic)
- Michael D. Brady (Democratic)
- Sal N. DiDomenico (Democratic)
- Jason M. Lewis (Democratic)
- John C. Velis (Democratic)
- Susannah M. Whipps (Independent)
- Bruce E. Tarr (Republican)
- Jacob R. Oliveira (Democratic)
- Ryan C. Fattman (Republican)
- Joan B. Lovely (Democratic)
- Bradley H. Jones, Jr. (Republican)
- James B. Eldridge (Democratic)
Summary
Official abstract published by the Massachusetts legislature· summary
Senate, April 15, 2026 -- The committee on Financial Services, to whom was referred the petitions (accompanied by bill, Senate, No. 707) of John J. Cronin, Joanne M. Comerford, Peter J. Durant, Patricia D. Jehlen and other members of the Senate for legislation relative to prevent fraud and establish regulations on certain virtual currencies; and (accompanied by bill, Senate, No. 757) of Barry R. Finegold for legislation to establish regulations on certain virtual currencies for fraud prevention, report the accompanying bill (Senate, No. 3048).
Text versions
Roll-call votes
No recorded votes on this bill.
Actions
- Apr 15, 2026 · Senate
Bill reported favorably by committee and referred to the committee on Senate Ways and Means - Apr 15, 2026 · Senate
New draft of S707 and S757 - Apr 15, 2026 · Senate
Reported from the committee on Financial Services