Crypto Craze: New York Lawmaker Wants You to Pay Your Fines with Bitcoin! 💸

So, guess what? New York is about to get a little more… digital! A shiny new bill is making its way through the legislature, and it’s all about letting residents pay state agencies with crypto. Yes, you heard that right! Forget cash, it’s all about those virtual coins now! 💰

Enter Assemblyman Clyde Vanel (D-Queens), who, bless his heart, introduced Assembly Bill A7788 on a perfectly normal Thursday. Because who doesn’t want to add a sprinkle of crypto chaos to their day? This bill has been referred to the Standing Committee on Governmental Operations, which sounds like a fancy way of saying, “Let’s see if this actually works!”

If this bill gets the green light, state agencies will be able to accept crypto payments for everything from fines to taxes. Yes, you can finally pay your parking tickets with Bitcoin! Talk about a modern twist on “I’ll pay you back later!”

And it’s not just New York getting in on the action. Colorado was the trendsetter in 2022, becoming the first state to accept crypto for tax payments. Louisiana followed suit last September, proving that everyone wants a piece of the digital pie. California and Florida are also jumping on the crypto bandwagon, because why not? 🌴

Now, let’s not forget that Vanel has been at this for a while. He’s introduced similar bills in 2017, 2019, 2021, and 2023. Clearly, he’s got a thing for crypto legislation. He’s also recently introduced Assembly Bill 7716, which aims to have the New York State Board of Elections study blockchain technology. Because if there’s one thing we need, it’s more tech in our elections! 🗳️

If this bill passes, the State Board of Elections will have to report back to the governor and legislature within a year. So, get ready for some exciting reading material about blockchain technology! Who knew government reports could be so thrilling? 📄

Read More

2025-04-12 20:01