Home / Ethereum / <h1>Gov’t-Issued Cryptocurrency Mentioned In NY Bill Would Be Bond-Backed</h1>

<h1>Gov’t-Issued Cryptocurrency Mentioned In NY Bill Would Be Bond-Backed</h1>

govt-issued-cryptocurrency-mentioned-in-ny-bill-would-be-bond-backed

A invoice submitted to the New York State Assembly would convene a taskforce to discover the ramifications of the state issuing its personal cryptocurrency. Through a dialog with the invoice’s sponsor, ETHNews has realized that the virtual asset described within the regulation can be subsidized by way of bonds meant to fund more than a few sorts of expenditures, together with infrastructure tasks.

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