“New York Bill to Permit Crypto-Based Stablecoin Payments for Bail Bonds: A Game-Changer?”
New York state has proposed new legislation, Assembly Bill 7024, to authorize the use of fiat-collateralized stablecoins as a form of bail. The bill, introduced on May 10, aims to amend the law to permit stablecoins to be used for bail bonds, in addition to the existing authorized methods of payment such as cash, insurance, […]