New York
Bitcoin States
New York is the financial capital of the world and home to landmark Bitcoin regulation and major Bitcoin companies. The NYDFS BitLicense (2015) — the first comprehensive state crypto licensing framework — set a global precedent. Despite its regulatory complexity, New York hosts the New York Stock Exchange's parent company (ICE/Bakkt), Coinbase's eastern headquarters, Gemini, and dozens of Bitcoin-native businesses. In 2025, SB 4066 was introduced to establish a Bitcoin strategic reserve.
Details
- State
- New York
- Status
- regulatory
- Capital
- Albany
- Country
- USA
- Notable
- World's first comprehensive crypto licensing framework; home to ICE/Bakkt, Gemini, Coinbase East
- Income Tax
- Yes
- Legislation
- BitLicense (2015), SB 4066 BTC reserve (introduced 2025)
- Abbreviation
- NY
- Population Millions
- 19.5
- Bitcoin Reserve Bill
- Yes
- Bitcoin Mining Rights
- No
- Bitcoin Friendly Score
- low
More Bitcoin States
Arizona
Signed limited Bitcoin reserve legislation allowing the state to hold Bitcoin from seized assets. Does not authorize active purchases but establishes a framework for state Bitcoin holdings.
New Hampshire
Signed HB 302 into law allowing the state treasurer to invest in digital assets including Bitcoin. Known for its 'Live Free or Die' motto and libertarian leanings that align with Bitcoin values.
Texas
One of the most Bitcoin-friendly states. Passed strategic Bitcoin reserve legislation and purchased ~$5M in BlackRock Bitcoin ETF (Nov 2025). Home to major mining operations and a supportive regulatory environment.
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