Cointime

Download App
iOS & Android

New York Bill Proposes Using Blockchain to Safeguard Election Results

Blockchain may soon be part of New York’s strategy to secure the democratic process.

That's the hope of Clyde Vanel (D-33), who filed Assembly Bill A7716 on Tuesday, proposing that the New York State Board of Elections study how blockchain technology could be used to protect voter records and election results.

The bill, currently in the Assembly Election Law Committee, calls for a comprehensive report within one year, examining blockchain’s potential as a tool for election integrity.

The legislation defines blockchain as a decentralized, cryptographically secured, immutable, and auditable ledger capable of delivering an “uncensored truth.” 

Despite being built for resilience, blockchain projects remain vulnerable to cyberattacks, especially those targeting individual projects and cross-chain bridges. In recent years, these weak spots have cost the industry billions. A new San Francisco startup, Octane, believes artificial intelligence can help stem the bleeding. In 2024, hackers stole approximately $2.2 billion worth of crypto through exploits. Just four months into 2025, that figure has already nearly been matched, underscoring th...

It mandates that the Board of Elections collaborate with the Office of Information Technology Services and engage experts in blockchain, cybersecurity, voter fraud, and election systems. 

The final report must also consider blockchain implementations in other states and jurisdictions.

If the bill advances, it would need to pass through the full Assembly, undergo the same process in the Senate, and then be signed into law by the governor. 

For now, it remains under committee review, pending discussion or amendment. Yet, should the bill be enacted, the state board would be legally obligated to deliver its findings within 12 months.

This is not Vanel’s first push for such legislation. Versions of the bill have appeared in legislative sessions since 2017, though none have made it to the Governor’s desk. 

Ripple has acquired crypto-friendly prime brokerage Hidden Road for $1.25 billion, marking one of the largest deals in the crypto industry's history.  The blockchain technology firm is aiming to use Hidden Road's platform to serve a wide range of institutional clients on a bigger scale, according to a company statement released on Tuesday.  “We are at an inflection point for the next phase of digital asset adoption – the US market is effectively open for the first time due to the regulatory over...

This year’s version, however, arrives amid growing nationwide interest in exploring blockchain's role in public infrastructure, even as other states pursue very different use cases, such as crypto investment and regulatory reform.

Last month, Utah lawmakers approved HB230, a blockchain-friendly bill that protects crypto activities and infrastructure, but stripped language that would’ve allowed the state to invest in Bitcoin directly.

HB230 prohibits state and local governments from restricting individuals' and businesses' ability to accept digital assets as payment, use self-hosted or hardware wallets, and participate in blockchain activities such as operating nodes, developing software, transferring assets, and staking.

Meanwhile, the Bitcoin investment strategy gained momentum following President Trump’s March executive order to establish a Strategic Bitcoin Reserve at the federal level.

As of now, 47 Bitcoin reserve bills have been introduced in 26 states, with 41 still live, per reserve tracker Bitcoin Law data.

Comments

All Comments

Recommended for you

  • BTC Falls Below $75,000

    Market data shows that BTC has fallen below $75,000, currently priced at $74,996.26, with a 24-hour decline of 2.66%. The market is experiencing significant volatility, so please ensure proper risk management.

  • BTC Falls Below $76,000

    Market data shows that BTC has fallen below $76,000, currently priced at $75,990.02, with a 24-hour increase of 0.9%. The market is highly volatile, so please ensure proper risk management.

  • Iranian Military Spokesman: Control Over Strait of Hormuz Restored Due to U.S. 'Breach of Promises'

    On April 18, Iranian media reported that an Iranian military spokesman stated that control over the Strait of Hormuz has been restored to its previous state due to the U.S. 'repeatedly breaching promises.' The strait is currently under strict management and control by the Iranian armed forces. (Xinhua News Agency)

  • BTC Falls Below $77,000

    Market data shows that BTC has fallen below $77,000, currently priced at $76,997.37, with a 24-hour increase of 2.68%. The market is experiencing significant fluctuations, so please ensure proper risk management.

  • Iranian Civil Aviation Organization Announces Partial Reopening of Airspace

    According to Iranian media reports on the 18th, the Iranian Civil Aviation Organization announced the reopening of part of Iran's airspace and several airports. (Xinhua)

  • Bitcoin ETF Sees $663.9 Million Net Inflow, Ethereum ETF Sees $127.4 Million Net Inflow

    On April 18, according to Farside Investors, the U.S. Bitcoin spot ETF saw a net inflow of $663.9 million yesterday, with IBIT net inflow at $284 million, FBTC net inflow at $163.4 million, and ARKB net inflow at $117.9 million. The Ethereum ETF recorded a net inflow of $127.4 million yesterday, marking the seventh consecutive day of net inflows, with ETHA net inflow at $30.8 million and FETH net inflow at $84.1 million.

  • Trump Hints at 'Good News' on Iran Issue

    On April 18, U.S. President Donald Trump stated that there is some 'pretty good news' regarding the Iran issue, but he declined to provide further details. 'We heard some pretty good news about 20 minutes ago, and it seems that progress related to Iran in the Middle East is going very smoothly,' Trump told reporters aboard Air Force One. When asked what the so-called good news was, Trump replied, 'You will hear it. I think it is something that should happen. It is a matter of course. And I believe it will happen. We will see, but I think it will happen.' (Jinshi)

  • Trump Suggests War Will Resume if No Agreement with Iran is Reached

    On April 18, President Trump told reporters aboard Air Force One that if an agreement with Iran is not reached by Wednesday, war will resume. When asked if he was prepared to extend the ceasefire agreement if no deal is made by the time the ceasefire expires on Wednesday, Trump replied, "Maybe I won't extend the ceasefire. But the blockade will continue. So, the blockade remains in place, and unfortunately, we will have to start dropping bombs again," Trump warned.

  • Chinese Ship Trapped in Strait of Hormuz Informs Crew to Prepare for Departure

    On April 18, according to Yicai, around 4 PM local time on the 17th, the Chinese ship trapped in the Strait of Hormuz has informed its crew to 'prepare for departure.' According to CCTV, on the afternoon of the 17th, Iranian Foreign Minister Amir-Abdollahian stated on social media that, based on the ceasefire agreement in Lebanon, all commercial vessels are allowed to pass through the Strait of Hormuz completely open during the remaining time of the ceasefire, following the coordinated routes announced by Iranian ports and maritime organizations.

  • DeepSeek Seeks Over $300 Million in First Round of External Funding

    According to The Information, DeepSeek is seeking over $300 million in its first round of external funding, with a valuation exceeding $10 billion.