The New York State Assembly has received a bill that will legalize state agencies to accept cryptocurrency as a means of payment for fines, taxes, fees, civil penalties, and other state-related dues.
The bill was introduced on Thursday during a legislative session by Clyde Vanel, a prominent cryptocurrency advocate and a member of the Democratic party.
Clyde Vanel serves as the representative of the 33rd district of New York and is quite popular for sponsoring several crypto-friendly bills in the past, most notably the Cryptocurrency and Blockchain Study Task Force bill.
Residents from Australia will be able to purchase BTC or ETH with just “$ 50, and email address and a phone number,” says the financial news outlet the Australian Financial Review (AFR). Agents who provide various newspapers and magazines are trying to entice customers with a new reason to purchase the news. Further, the News Xpress agent in Oxenford, Queensland, Domenic Zizza explains these news agencies are looking for ways to add to their services in order to address declining revenue and add more demand to the business.