According to reports from Wu, New York City Mayor Eric Adams stated at the Bitcoin 2025 conference that he would promote the launch of BitBond in New York. This is a new financial instrument that combines fixed income with the potential for Bitcoin price appreciation. The proposal was put forward by the Bitcoin Policy Institute and aims to provide investors with stable interest income while benefiting from Bitcoin appreciation. Adams also called for the elimination of New York's current BitLicense to ease regulations on Bitcoin circulation.

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