United States of America: Bill A 7024 authorising fiat-collateralised stablecoins as a form of bail
Progress
Current status
under deliberation
10 May 2023 under deliberation
Scope
Implementers
United States of America
Policy Area
Authorisation, registration and licensing
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
Introduced Bill A 7024 authorising fiat-collateralised stablecoins as a form of bail
On 10 May 2023, Bill A 7024, authorising fiat-collateralised stablecoins as a form of bail, was introduced in the News York State Senate. The Bill would authorise alternative payments for bail postings and proposes including fiat-collateralised stab…
SourceEvent type
law
Action type
introduction
Government branch
legislature
Government body
parliament