← All Massachusetts bills

S3048Introduced in the Senate

To stop cryptocurrency ATM misuse ("SCAM" Act)

IntroducedSenate Ways and Means

Introduced by Joint Committee on Financial Services

What does this bill do?

Plain-English breakdown

Writing a plain-English summary of this bill… this can take a few seconds the first time.

Official description

For legislationfor legislation to establish regulations on certain virtual currencies for fraud prevention, report the accompanying bill (Senate, No. 3048).

Where it stands

Bill reported favorably by committee and referred to the committee on Senate Ways and Means

April 15, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

What do people think?

Citizen Voice

How would you vote on this bill?

An unofficial public opinion poll. It does not affect the bill or the official vote.

One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.

Bill history

  1. Reported from the committee on Financial Services

  2. New draft of S707 and S757

  3. Bill reported favorably by committee and referred to the committee on Senate Ways and Means

Verify the information

Our commitment to neutrality

We provide factual information only. We never tell you which politicians or bills to support, and we do not rank, score, or endorse anyone.