Mayor Eric Adams wants New York City to become the first city in the world to issue a baccalaureate bond from Bitcoin
Mayor Eric Adams revealed, while talking at the continuous Bitcoin conference, that New York City will be the first city in the world to issue a bitcoin backed bond, which is referred to as BitBond.
mayor Adams emphasized his commitment to providing what he described as the new financial tool and also revealed intentions to eliminate New York Beitten.
Mayor Eric Adams says Bitcoin will flow into New York City
During his speech at the Bitcoin 2025 conference, mayor Adams stated that the so -called Pepond will be a financial tool for bitcoin holders. He promised to pay and fight to ensure that the residents of New York City were able to reach bond investments.
mayor Adams added that their focus is now on “great thinking and fear of the future”, and then urged those who listen to “out of the shadow” and return to the city.
He said: “You no longer have to be afraid to be part of this main industry, which was attacked, criticized and deprived of the opportunity to move forward and grow.”
Not surprisingly that mayor Adam is defending the Bitcoin course in New York City. The mayor is famous for his pro-renting position, as many indicate to him that he is the “mayor of Bitcoin”-a suitable name for the charismatic politician who chose the famous to receive his first three salaries in Bitcoin and Ethereum, indicating his support for his digital currencies.
Among the political leaders, its administration also emerges in taking steps to integrate the cryptocurrency into the city’s financial environmental system. He has played a role in promoting initiatives to make New York City a Crocal City Center, including the announcement of the Digital Assets Consulting Council aimed at strengthening the city’s encryption industry.
for him letter At the Bitcoin Conference, it is in line with its broader policy of strengthening an encryption environment. In addition to the Bitcoin backed backed bond plans, it will reconsider the New York Bitlicense, an organizational framework for the state cryptocurrency companies.
Mayor Adams announced the advisory council for the new digital assets of New York City
Mayor Adams’s speech about BitBond comes a long time after he and the head of technology officials Matthew Fraser the first encryption summit in New York City this month.
Among the attendees were prominent founders, executives, and investors from the cryptocurrency, Blockchain, and Fintech Industries. The summit was held to discuss how the growing cryptocurrency industry can enhance the economy, attract the best talents, and inspire innovation in New York City.
In the opening notes at the summit, Mayor Eric Adams announced the development of the advisory council for the digital assets designed to help bring jobs and investment to New York City.
“My goal remains the same as it was one day like the mayor: He made New York City as the coding capital in the world,” he said, he said mayor Adams. “We will create the advisory council for digital assets to bring in great jobs and investment in assets and investment here to Big Apple.”
Mayor Adams did not share more details about the council, but indicated that the council president and the main policy recommendations will be announced within two weeks.
“This is not related to chasing memes or trends,” ” mayor Adams stated. “We want to use tomorrow’s technology to provide a better service to New York residents today.”
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