New York State Lawmaker Introduces Bill That Would Allow People To Post Bail With Fiat-Backed Stablecoins
May 12 2023 - 1:45PM
The Daily Hodl
A lawmaker in the Empire State just proposed new legislation
that could expand the use cases of stablecoins. On May 10th, New
York State Democrat Latrice Walker introduced Assembly Bill 7024,
which seeks to amend the criminal procedure law to authorize the
use of dollar-pegged stablecoins as a form of payment for bail
bonds. Accepted […]
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