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Last updated: June 18, 2025, 01:03  |  Written by: Samson Mow

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The Bill Seeks To Legalize

New York is set to require companies holding a BitLicense to pay regulatory assessment fees in order to do business in the state. The provision was included as part of the state’s Fiscal Year

New York to Require Crypto Companies to Pay Assessment Fees

The bill seeks to legalize cryptocurrency payments using Bitcoin, Ethereum, Litecoin and Bitcoin Cash, but may mandate an an additional state “service fee” for these

Through This

Through this, the entity would be allowed to charge licensed crypto firms for regulating them. As December started, DFS Superintendent Adrienne Harris went on to submit

New York Bill proposes letting people pay State fees

New York Proposes Bill to Accept Bitcoin Payments for

Surprising bill would let New Yorkers pay taxes in crypto

New York CRPTO Bill Would Prohibit Many Digital Asset Activities

New York bill proposes legalizing Bitcoin, crypto for state payments

According To The Announcement

Will New York impose a fee on Crypto organisations?

According to the announcement, the new regulation will allow the NYDFS to collect supervisory costs from virtual companies licensed under the state’s Bitlicense.

NYDFS will charge cryptocurrency companies for supervision

New York May Soon Allow

Attorney General James Proposes Nation-Leading Regulations on

On, New York Attorney General Letitia James released a bill for consideration by the New York State Legislature that would implement comprehensive and far-reaching regulation

New York may soon allow residents to pay government billssuch as taxes and finesin cryptocurrency. On April 10, Assemblyman Clyde Vanel introduced Assembly

In November

In November 2025, Attorney General James urged congress to adopt legislation that would prohibit investing retirement funds in cryptocurrencies. In June 2025, she

Samson Mow can be reached at [email protected].

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