The legislation mandates “bold” fraud warnings for crypto businesses and requires disclosure of "all material risks" while overhauling money transmission statutes statewide.
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Connecticut Flips State Bitcoin Reserve Trend, Bans All Government Crypto Investments
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Crypto businesses engaged in money transmission in Connecticut must, under House Bill 7082, provide detailed disclosures about transaction risks and prominently display warnings about irreversible transaction losses due to fraud or errors
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