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Assembly creates cryptocurrency and blockchain study task force under Department of Financial Services
Summary
A.3279-A establishes a DFS task force to study cryptocurrency and blockchain impacts and report to the governor and legislature; members raised concerns about minority appointments and environmental expertise.
The Assembly on May 28 approved A.3279-A to establish a New York State Cryptocurrency and Blockchain Study Task Force within the Department of Financial Services (DFS). Sponsor Vannell said the task force will explore effects from expanded use of cryptocurrencies and digital currencies and report findings to the governor and legislature by December.
Members noted the bill had…
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