New York bill would let people pay the state in crypto
It also allows state agencies to - optionally - require that cryptocurrency payees"pay a service fee to the state - including any fee owed by the state to the cryptocurrency issuer arising from that transaction." In other words, be sure you pay those tax bills on days when blockchain activity is slow.in late 2022 when Governor Kathy Hochul enacted a two-year moratorium on new mining activities in the state to try to reduce greenhouse gas emissions.
Vanel didn't say whether he has better hopes for this attempt, but he did tell us that getting crypto into the hands of every payment processor at a state agency isn't necessarily his goal. He's trying to make it easier for people who owe the state money to pay it, he told us.
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