The project has been ongoing for about six months, the Bloomberg story said. A separate industry report expected to outline best practices in areas like due diligence and risk management, could be published in the next two months, the sources told Bloomberg. The report that focuses on firms that provide payment services would cover stablecoins, NFTs, and gaming credits.
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New York Assembly introduces crypto payments bill for fines, taxes
A bill introduced to the New York State Assembly on Jan. 26 would allow state agencies to accept cryptocurrency as a form of payment...