Alex Bores’ Bills
A8813 · 2025–2026

Relates to the regulation of business involving virtual currencies

In committee Banks Committee

Creates a new licensing and regulatory framework in the Financial Services Law for businesses that deal in virtual currencies, covering licensing, capital requirements, custody of customer assets, anti-money-laundering and cybersecurity programs, and consumer protection. (Auto-generated summary)

Official record

Official summary · NYS Open LegislationRelates to the regulation of business involving virtual currencies.

What it does: AN ACT to amend the financial services law, in relation to regulation of business involving virtual currencies

Legislative history

  1. 2025-06-09Assembly: REFERRED TO BANKS
  2. 2026-01-07Assembly: REFERRED TO BANKS