A state task force with the mission to assess state policy regarding cryptocurrencies acknowledges that digital assets “offer material opportunities to improve the efficiency and effectiveness of a broad range of human activities, including financial services” in New Hampshire. But it also warns that where there is opportunity there is also the risk of “greed, jealousy, arrogance, ignorance, incompetence, carelessness, naivete.”

The Governor’s Commission on Cryptocurrencies and Digital Assets report, released on Jan. 19, offers policy recommendations to both enhance the use of crypto in the Granite State while also protecting consumers, particularly in light of recent news — statewide and nationally — of fraud associated with these technology-based currencies.

This article is being shared by a partner in The Granite State News Collaborative. For more information visit collaborativenh.org.

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