• Safi Bello

Lawmaker Wants New York State to Pilot Local Cryptocurrencies

Coindesk --------- New York Assemblyman Ron Kim wants cryptocurrencies to help support local communities. Bill A11018, if passed, would amend the New York urban development corporation act to launch 10 pilot programs creating local community currencies, which could be cryptocurrencies or other forms of alternative digital forms of money, according to public documents. The programs would hopefully encourage residents of a particular community to spend locally, thereby supporting their neighborhood ecosystems. To learn more click on the picture below to read the article.


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