New York Bill Proposal: Allow the Use of Stablecoins for Bail Payments

2023-05-11 12:45:22

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ChainCatcher news, May 10, New York Assembly "Bill No. 7024" proposed new legislation allowing the use of stablecoins for bail payments. The bill indicates that the currently authorized methods for paying bail include cash, insurance, and credit cards, but it plans to amend the law to add stablecoins as an additional payment method. However, it does not specify which particular stablecoins are allowed. (Source link)

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