New York City Observer Brad Lander refused to propose mayor Eric Adams to issue Bitcoin municipal bonds, and she even puts signs on her “irresponsible.”
Lander was designed that New York City would not issue baccalaureate bonds on his watch. His position opposes the mayor of Adams, who is famous for his love for encryption.
The section can be settled on this topic when the city goes to the polls, as both men are candidates for the November Mayor’s elections. Mayor Adams works as an independent, Wandander is a democratic candidate.
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BradLander May 28, 2025
The mayor of Adams may stop encryption if he does not return to his position
Mayor Adams made a campaign to make New York City a center for encryption in the near future until a consulting council was established to achieve this goal.
However, if he is unable to maintain his seat as a mayor, and a man believes that “cryptocurrencies are not stable enough to finance our city’s infrastructure, affordable housing, or schools”, there is nothing that will determine what will happen to the things that the mayor of Adams moves.
Lander also Secure “The proposal of New York City must open its capital planning planning that can expose our city to new risks and erode the bond buyers’ confidence in our city.”
Mayor Adams talked about his proposal at BitBond on Wednesday at the Bitcoin 2025 conference in Las Vegas, a speech that came a week after hosting the opening coding summit for New York City and digital assets at Gracie Mansion.
In this event, he repeated his pledge to make New York City, “the capital of encryption in the world” and announced the establishment of the Digital Assets Consulting Council “to bring technology and investment functions here to Big Apple”.
Lander described mayor Adams’s proposal as “financially and irresponsible in financial terms,” adding that “the current Federal Tax Law does not likely allow tax funding to gain an encrypted currency and does not allow investment gains that exceed the costs of financing supported in terms of federalism.”
Lander does not buy encrypted noise
While politicians such as Adams, Francis Suarez, Sinthia Lomis, Andrew Yang, Tom Emeer, Pat Tommy, Ron Desantis and Kersin Gilbrand have all taken a supportive position, while others are either vibrant or suspicious of Crypto.
Regardless of Lander, the other famous critic of Crypto is Elizabeth Warren. It is explicitly as an encryption and famous for the introduction of the Digital Assets Act to combat money laundering for the year 2023, which aims to impose strict regulations on encryption transactions to curb illicit activities.
She believes that Crypto is a “favorite tool” for terrorists, drug dealers and money laundering, and has made many other interesting claims.
Bernie Sanders shares Warren’s position on encryption, and both have worked together on regulations to restrict bank’s participation with encryption, on the pretext that he lacks a “real public purpose” and benefits speculators primarily with financial losses to others. Sanders also supports measures to reduce the environmental and economic effects of Crypto.
These politicians, who seem to be hostile to the plans in industry fluctuations, the possibility of criminal use, environmental impact, and lack of consumer protection.
Lander’s non -enthusiastic response to Betebonds reflects a cautious position in line with the broader democratic doubts over the stability of encryption and general benefit.
Landers and other anti -Arabo politicians were pushing for a tougher regulations in the hope that he would address the segments of censorship, which Hander frequented in his criticism of his legal capabilities to Betbunds.
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