A New York lawmaker has introduced legislation that would allow state agencies to accept cryptocurrency payments, signaling growing political momentum for digital asset integration in public services.
data-ct-non-breakable=”null” href=”https://www.nysenate.gov/legislation/bills/2025/A7788#:~:text=Establishes%20that%20state%20agencies%20are,and%20bitcoin%20cash%20as%20payment” rel=”nofollow noopener” target=”_blank” text=”null” title=”https://www.nysenate.gov/legislation/bills/2025/A7788#:~:text=Establishes%20that%20state%20agencies%20are,and%20bitcoin%20cash%20as%20payment”>Assembly Bill A7788, introduced by Assemblyman Clyde Vanel, seeks to amend state financial law to allow data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/ny-bill-criminalize-crypto-fraud-rug-pulls-amid-memecoin-scandals” rel=”null” target=”null” text=”null” title=”null”>New York state agencies to accept cryptocurrencies as a form of payment.
It would permit state agencies to accept payments in Bitcoin ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/bitcoin-price” rel=”null” target=”null” text=”null” title=”null”>BTC), Ether ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/ethereum-price” rel=”null” target=”null” text=”null” title=”null”>ETH), Litecoin ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/ltc-price-index” rel=”null” target=”null” text=”null” title=”null”>LTC) and Bitcoin Cash ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/bitcoin-cash-price-index” rel=”null” target=”null” text=”null” title=”null”>BCH), according to the bill’s text.
Source: data-ct-non-breakable=”null” href=”https://www.nysenate.gov/legislation/bills/2025/A7788#:~:text=Establishes%20that%20state%20agencies%20are,and%20bitcoin%20cash%20as%20payment” rel=”null” target=”null” text=”null” title=”https://www.nysenate.gov/legislation/bills/2025/A7788#:~:text=Establishes%20that%20state%20agencies%20are,and%20bitcoin%20cash%20as%20payment”>Nysenate.gov
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