New York Considers Bitcoin Adoption for State-Level Transactions

New York is taking a bold step toward mainstream crypto adoption. A new legislative proposal seeks to allow residents to use digital assets like Bitcoin, Ethereum, and Litecoin to pay for government-related services. Although New York has yet to propose a Bitcoin reserve bill like its neighboring states, this proposal could pave the way for wider adoption in a state where crypto has been strictly regulated for years. New York Could Soon Accept Tax and Rents in Bitcoin The proposed legislation, known as Assembly Bill A7788, was introduced by Assemblyman Clyde Vanel source: https://beincrypto.com/new-york-bitcoin-payment-bill-for-government-services/