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The committee voted 6-0 to recommend that the May 30 Annual Town Meeting approve a bylaw banning cryptocurrency ATM machines, citing concerns about fraud and scams targeting residents. It also recommended approval of a solid-waste revolving fund and water pollution control facility upgrades, while several funding-related articles were deferred pending additional information.
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If approved at Town Meeting, the cryptocurrency ATM ban would restrict these machines in Somerset. The committee also supported creating a fund for revenue from the town’s solid-waste collection program and approved recommending funding for water pollution control facility upgrades by a 4-2 vote. Recommendations on several other spending articles were postponed because their funding sources or supporting figures were not identified.
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