NYC Mayor Drops a Crypto Bombshell! đ„
New York City's Mayor Eric Adams is making waves in the crypto world! He's pushing for the creation of "BitBonds" â municipal bonds backed by Bitcoin â to boost the city's financial landscape. Imagine investing in NYC and earning returns tied to Bitcoin's performance! đ
But that's not all! Adams is also renewing his call to axe New York's BitLicense program, which he sees as a barrier to crypto innovation due to its high costs and strict rules. He wants to make NYC a crypto-friendly hub again, attracting businesses and investments. đ„
Adams believes it's time to welcome crypto companies back to New York and foster a free flow of Bitcoin in the city. With a digital advisory council and partnerships with financial firms, he's serious about making NYC a leader in the crypto space. âĄïž
It's an interesting development that could potentially attract jobs and investments.
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