Establishes the New York state cryptocurrency and blockchain study task force to assess the effects of cryptocurrencies and digital currencies in the.
The New York state cryptocurrency and blockchain study task force is established within the department of financial services. It aims to provide the governor and the legislature with information on the effects of cryptocurrencies and other forms of digital currencies and their ancillary systems, including blockchain technology. The task force consists of sixteen members appointed by the governor, the comptroller, the temporary president of the senate, the speaker of the assembly, and the attorney general.
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