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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.
Assembly Bill A7788, introduced by Assemblyman Clyde Vanel, seeks to amend state financial law to allow New York state agencies to accept cryptocurrencies as a form of payment.
It would permit state agencies to accept payments in Bitcoin BTC $84,893, Ether ETH $1,673, Litecoin LTC $78.70 and Bitcoin Cash BCH $336.91, according to the bill’s text.
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