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Local law · Int 1329-2025

Outreach and education regarding deceptive and unconscionable trade practices involving cryptocurrency and other digital assets

Official titleShow

A Local Law to amend the administrative code of the city of New York, in relation to outreach and education regarding deceptive and unconscionable trade practices involving cryptocurrency and other digital assets

The heading above is this same sentence with its legal opening removed. No words were added, changed or reordered.

Filed at end of sessionLatest action Dec 31, 2025

New York City Council

Sponsor

Farah N. Louis

Council Member, District 45 · Democratic

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Summary

This bill would require the Commissioner of Consumer and Worker Protection to develop and conduct ongoing outreach and education to raise awareness of deceptive and unconscionable trade practices involving cryptocurrency and other digital assets. These efforts would include an overview of common deceptive and unconscionable trade practices, detection strategies, reporting procedures, and legal protections. Programs for the general public, young people, seniors, and documented and undocumented immigrants would be implemented. Outreach and education materials would be produced in English and New York City’s designated citywide languages and made available online. The Commissioner would focus outreach and education efforts during the month of October and update the programs and materials annually.

Summary from NYC Council (Legistar). How we handle summaries

From the NYC Council's legislative record (Legistar) and official rosters. This record was last updated Sep 7, 2026. About our data

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Where it stands

The session ended before it was voted on. It was not defeated; it simply ran out of time, which is what happens to most legislation. It would have to be reintroduced.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted
Filed at end of session

Committee

Committee on Consumer and Worker Protection

Cosponsors

Christopher Marte, Susan Zhuang and 1 other

Cosponsors in the order the New York City Council lists them.

  • Democratic3

Shown in neutral colors by design; Agora is non-partisan.

Full history

  1. Dec 31, 2025

    Filed

    This Introduction was Filed (End of Session)

    NYC Council

  2. Jun 30, 2025

    Introduced

    This Introduction was Introduced by Council

    NYC Council

  3. Jun 30, 2025

    Referred to committee

    This Introduction was Referred to Comm by Council to the Committee on Consumer and Worker Protection

    NYC Council