The commission assessed $65,000 in penalties against Green Analytics East LLC for multiple testing, sampling and traceability failures and underscored the role of testing labs as consumer safeguards.

Members pressed witnesses on the costs of 50‑state licensing, the promise of regulatory sandboxes, and questions about fintech access to Federal Reserve payment rails; witnesses urged uniformity, predictable rules, and appropriate AML/KYC safeguards.

IPC advocates for consumer safeguards in Puerto Rico's renewable energy legislation amid rising inquiries.

Committee discusses amendments to bills on insurance, consumer protection, and alcohol regulation.

On first reading May 26, Port Huron city leaders discussed a proposed ordinance to license virtual-currency kiosks, impose initial-deposit and daily limits and require scam warnings after police said residents—particularly older adults—have lost roughly $600,000 in frauds citywide.

House Bill 145 aims to regulate mobile sports wagering and protect consumers in Alaska.

A New Hampshire Commerce Committee hearing on SB 482 drew hours of testimony from law enforcement, advocacy groups and crypto operators about limits, refund holds and fraud; supporters argued protections are needed to stop scams targeting seniors, while industry warned of costs and operational challenges.

The committee reported Senate Bill 163 (virtual currency business licensing) and Senate Bill 287 (virtual currency kiosks) favorably after adopting amendments that add a federal-preemption trigger and tighten consumer-protection requirements including refund windows, live support and OFI reporting.