New York State Senator James Sanders Jr. has suggested legislation to analyze the impact of crypto in the state. The proposed New York State Cryptocurrency and Blockchain Study Act seeks to establish a 17-member commission to explore digital assets’ regulatory, financial, and environmental aspects.

The task force will evaluate the quantity of tradeable cryptos and exchanges functioning in New York and suggest actions to improve consumer safety and protection. The legislation specifies that the governor will designate seven members, whereas the temporary Senate president and the Assembly Speaker will each select four members.

New York’s Attorney General and State Comptroller will also participate. The task force must be formed within 90 days of approval, and by December 15, 2027, a report must be sent to the governor and lawmakers.

Aureal One Expands in Blockchain Gaming

While New York moves forward with crypto research, Aureal One is positioning itself as a leader in blockchain gaming. With the gaming industry projected to surpass $250 billion, Aureal One is integrating scalable, low-cost blockchain solutions to meet growing demand. 

Click here to know more about Aureal One

The platform uses Zero-Knowledge Rollups (ZK-Rollups) to reduce transaction costs and enhance speed, making it ideal for microtransactions in Web3 gaming.

Aureal One supports major gaming projects, including DarkLume and Clash of Tiles. DarkLume provides an interactive metaverse experience, allowing users to build, trade, and create digital assets, while Clash of Tiles showcases real-time gaming mechanics powered by fast blockchain transactions. 

The platform has raised $3.2 million out of $4,500,000 in its presale, with a token price of $0.0013. Investors anticipate a listing price of $0.005, presenting an estimated 400% potential return.

DexBoss Strengthens Its Position in DeFi

Another project gaining traction ahead of the coming bull run is DexBoss (DEBO). DexBoss intends to build itself as a leading decentralized finance (DeFi) trading platform by providing solutions that give consumers ultimate control over their assets. In contrast to centralized exchanges, DexBoss allows for secure, cross-chain transactions, which improves privacy and accessibility for both experienced traders and newbies.

The platform has implemented a deflationary token model, reducing the total supply over time to increase scarcity and drive long-term value. Investors have responded positively, with the presale raising $567k out of its $750,000 goal, reaching 75% completion. The current token price is $0.011, with a projected listing price of $0.0505.

Crypto Investors Watch for Bull Run Potential

As New York moves closer to a formal crypto examination, market participants are closely monitoring how regulatory changes may affect the sector. Meanwhile, Aureal One and DexBoss are gaining traction, drawing interest from investors looking for high-growth opportunities.

Ultimately, the combination of increased institutional interest, breakthroughs in blockchain technology, and clear laws might pave the way for the next crypto bull run.