New York Considers Allowing Stablecoins as Bail Payment Method
The New York State legislature has begun considering a bill that would allow dollar-linked steblecoins to be used as a legal method of paying bail for defendants. The bill was introduced by local Democratic congresswoman Latrice Walker. The document details pre-existin ...
New York Democrat proposes amendment to accept digital assets as bail collateral
This is an amendment proposed by Democrat Latrice Walker It would allow courts to accept digital assets as collateral But for now it's only about stabelcoins backed by fiat Democrat Latrice Walker introduced a bill yesterday, May 10, that would add di ...