New York A00213 establishes a task force to study the impact of a state-issued cryptocurrency.
New York A00213 creates a task force to study the impact of a state-issued cryptocurrency. The task force will examine the steps New York must take to produce and release the cryptocurrency, its effects on monetary policy and financial stability, and how it would affect taxation. The task force will also compare New York's potential actions with measures taken by other jurisdictions. The task force will report its findings to the governor and the legislature within one year.
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- Legal Framework
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