Establishes the New York state digital currency task force to study digital currencies and their effects on financial markets.
The bill creates the New York state digital currency task force, which will examine and evaluate digital currencies within the state. The task force will identify the potential effects of widespread digital currency implementation on financial markets, review the impact of the BitLicense program on digital currency use, and make recommendations for utilizing digital currencies. The task force will collaborate with state and city agencies, including the departments of taxation and finance.
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