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BTCC / BTCC Square / Global Cryptocurrency /
New York Bill Pushes Crypto Payments, Attorney General Urges Caution

New York Bill Pushes Crypto Payments, Attorney General Urges Caution

Global Cryptocurrency
Author:
Global Cryptocurrency
Release Time:
2025-04-11 16:12:01
0
New York’s new bill allows transactions for taxes, fines, and public service to be paid with cryptocurrency. This move signifies the state’s willingness to integrate crypto into centralized finance. If enacted, New York would be among the first states to use cryptocurrencies for paying state debts and services. However, Letitia James, New York’s Attorney General, has called on Congress to enact stricter laws to regulate the crypto industry and protect investors.
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