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New York will discuss the prospects for the creation of state cryptocurrency

Deputies are interested in how the new digital currency can affect the state economy.

05.Feb.18 11:29 PM
By Shawn Highstraw


New York will discuss the prospects for the creation of state cryptocurrency
In New York, a task force can be formed that will undertake a study of the impact of state cryptocurrency on the state economy. The identical bill was presented by deputy Clyde Vanel, who previously prepared some documents related to the blockade. In particular, he suggested assessing the possibility of introducing technology into the election system to ensure the protection of electoral votes and ensure maximum transparency of the procedure.

As it became known, first of all, the author of the initiative is interested in what consequences the issue of the state digital currency for the taxation system of New York can entail. Also, experts will have to predict how this move of the government will affect the state's monetary policy. As informs, the legislative body of New York does not intend to postpone discussion of the actual questions connected with криптовойлютами, for the uncertain term. Most likely, this topic will be raised at a public meeting, which will take place on the twenty-third of February.

We will remind, the Department of Financial Services of the State of New York (NYDFS) has requested from the departments of South Korea the data received by them as a result of checking banks that carry out crypto-currency transactions.

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