Progress

Current status
rejected
21 Jun 2023 rejected
26 Jan 2023 under deliberation

Scope

Implementers
United States of America
Policy Area
Other operating conditions
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
legislature
Government Body
parliament
Implementation Level
subnational

Timeline of events

21 Jun 2023
rejected

Rejected Bill A2532 establishing cryptocurrency as a form of payment for state agencies

On 21 June 2023, the Bill A2523 to allow state agencies to accept cryptocurrency as payment for fines, penalties, taxes, fees, and other payments as required by the state, was rejected after failing to pass before the legislature adjourned. The Bill…

Event type law
Action type rejection
Government branch legislature
Government body parliament
26 Jan 2023
under deliberation

Introduced Bill A2532 establishing cryptocurrency as a form of payment for state agencies

On 26 January 2023, New York State Democratic Assembly Member Clyde Vanel introduced Bill A2523 to allow state agencies to accept cryptocurrency as payment for fines, penalties, taxes, fees, and other payments as required by the state. The draft Bil…

Event type law
Action type introduction
Government branch legislature
Government body parliament