New York Mayor-elect Eric Adams says he will take his first paychecks in Bitcoin

4 weeks ago 19

Democratic campaigner for New York City Mayor Eric Adams reacts aft being declared victor astatine his predetermination nighttime enactment successful Brooklyn, New York, U.S. November 2, 2021. REUTERS/Andrew Kelly

Nov 4 (Reuters) - New York Mayor-elect Eric Adams said connected Thursday that helium would instrumentality his archetypal 3 paychecks successful bitcoin and that the metropolis would go the "center of the cryptocurrency industry."

"In New York we ever spell big, truthful I’m going to instrumentality my archetypal THREE paychecks successful bitcoin erstwhile I go mayor," Adams wrote successful a Twitter post. "NYC is going to beryllium the halfway of the cryptocurrency manufacture and different fast-growing, innovative industries! Just wait!"

Adams, a Democrat, volition go the 2nd Black politician of the United States' astir populous metropolis successful January aft easy defeating Republican Curtis Sliwa, laminitis of the Guardian Angels civilian information patrol, successful Tuesday's election.

His tweet was a effect to Miami Mayor Francis Suarez, who wrote successful a Twitter connection of his ain that helium would instrumentality his paycheck successful bitcoin. Suarez won re-election connected Tuesday,

Adams told Bloomberg Radio connected Wednesday that helium wanted to make a New York City cryptocurrency and that helium would look astatine immoderate regulatory barriers to enticing crypto companies to put successful the city.

Reporting by Brendan O'Brien successful Chicago; editing by Jonathan Oatis

Our Standards: The Thomson Reuters Trust Principles.

Read Entire Article