· NY legislature · 2025-2026

Authorizes fiat-collateralized stablecoins as a form of bail

Authorizes fiat-collateralized stablecoins as a form of bail; directs the commissioner of taxation and finance, in conjunction with the chief justice of the unified court system and the director of the office of information technology services, to promulgate rules and regulations identifying forms of fiat-collateral…

Sponsor

Latrice Walker (D-NY)

Introduced

2025-04-11

Policy area

Crime and Law Enforcement

Latest action

REFERRED TO CODES