Fiat-backed Stablecoins Could be Used to Post Bail in New York Under Proposed Bill
A new bill that would allow dollar-pegged stablecoins to be used as legal forms of payment for bail bonds has been submitted by.
A new bill that would allow dollar-pegged stablecoins to be used as legal forms of payment for bail bonds has been submitted by.
On May 10, New York Assembly Bill 7024 was introduced as an act to modify the statute. Its goal is to create legislation.