NY Assemblyman Clyde Vanel Proposes Crypto Payment Bill for State Agencies

via- https://cryptonews.com/news/ny-assemblyman-clyde-vanel-proposes-crypto-pay-bill/

Key Takeaways:

New York Assemblyman Clyde Vanel introduced a bill that would allow state agencies to accept cryptocurrencies.
Vanel also proposed bills to explore blockchain technology for election security and to protect investors from crypto fraud.
New York’s legislative activity reflects growing national government interest in digital assets.
A new New York bill brought forth on April 10 by Assemblyman Clyde Vanel would legalize payments of cryptocurrencies for state agencies, as shown by legislation on the New York State Senate’s website.

New York Assemblyman Proposes Bill
Introduced on Thursday, Assembly Bill A7788 seeks to allow state agencies “to accept cryptocurrencies such as bitcoin, ethereum, litecoin and bitcoin cash as payment.”