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Crypto Laws in New York are about to GET MORE FRIENDLY. ETHEREUM may get to $4000 before May!KuCoin, one of the world's largest cryptocurrency exchanges, has agreed to block New York users from its platform and pay $22 million to. The exchange paid a $22mn penalty, including $mn to repay , New Yorkers, and agreed to cease operations in the Empire State. This may. Cryptocurrencies have a special place in New York, as it is legal to use, easy to get and a lot of Wall Street experts have acknowledged the significance of.