HomeBitcoinMayoral Front-Runner Vows to Make New York City the Bitcoin Center in...

Mayoral Front-Runner Vows to Make New York City the Bitcoin Center in One Year – Regulation Bitcoin News



The New York City mayoral candidate in the lead, Eric Adams, has promised that in one year New York will be “the center of all technology,” including “the center of bitcoins.” He will compete with Miami where Mayor Francis Suarez had a head start turning Miami into a bitcoin hub.

Mayoral Candidate Promises to Turn New York City Into the Bitcoin Hub

The 2021 New York City mayoral election is underway. Brooklyn Borough President Eric Adams, a former police officer, is currently in the lead. He led the first round of voting with 31.7% support. Civil rights lawyer Maya Wiley came second with 22.3%, followed by the city’s former sanitation commissioner, Kathryn Garcia, with 19.5%. Former presidential candidate Andrew Yang came in fourth with 11.7%.

During his election night party speech last week, Adams said:

I’m going to promise you. In one year, one year, you’re going to see a different city … We’re going to bring businesses here. We’re going to become the center of life science, the center of cybersecurity, the center of self-driving cars, drones, the center of bitcoins. We are going to be the center of all technology.

He added: “Miami, you had your run. We’re bringing our businesses back.”

In Florida, Miami Mayor Francis Suarez is a bitcoin hodler. He has also been trying to turn his city into a bitcoin hub. He has put forward a proposal to allow the city to pay its employees in bitcoin, accept the cryptocurrency for fees and taxes, and even explore the possibility of holding BTC on its balance sheet.

The city recently hosted the Bitcoin 2021 conference and blockchain.com just moved its headquarters there, which “created 300 new jobs and $30 million of recurring economic impact for our city,” Mayor Suarez said at the conference.

Another New York City mayoral candidate, Andrew Yang, also wants to turn NYC into a bitcoin hub. He said back in February: “As mayor of NYC — the world’s financial capital — I could invest in making the city a hub for BTC and other cryptocurrencies.”

However, the 46-year-old Democrat conceded the race last week. Nonetheless, he could still help the next mayor of NYC with bitcoin adoption as he said: “Though we’re not sure who’s the next mayor is going to be, but whoever that person is, I will be very happy to work with them to improve the lives of the 8.3 million people who live in our great city and I encourage everyone here to do the same.”

Do you think New York City will become a bitcoin hub? Let us know in the comments section below.

Tags in this story

bitcoin hub, center of bitcoins, eric adams, eric adams bitcoin, eric adams crypto, eric adams cryptocurrency, Mayor Francis Suarez, mayoral election, miami bitcoin, New York City, NYC, nyc mayor

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

(function(d, s, id)
var js, fjs = d.getElementsByTagName(s)[0];
if (d.getElementById(id)) return;
js = d.createElement(s); js.id = id;
js.src = ‘https://connect.facebook.net/en_US/sdk.js#xfbml=1&version=v3.2’;
fjs.parentNode.insertBefore(js, fjs);
(document, ‘script’, ‘facebook-jssdk’));


Source link


Cardano faces $1.60 resistance after ADA price hits 2-month highs

Cardano's ADA token came close to its highest in two months on Aug. 10 as daily gains neared 6%.Data from Cointelegraph Markets Pro and...

Teller Finance deploys mainnet on Polygon, migrates 2,200 NFTs

Teller Finance, a non-collateral lending protocol for the DeFi market, has officially deployed its mainnet on Polygon, marking a significant milestone in its quest...
[td_block_social_counter style="style8 td-social-boxed td-social-font-icons" facebook="tagdiv" twitter="tagdivofficial" youtube="tagdiv" custom_title="Follow us" block_template_id="td_block_template_11" border_color="#fbb03b" f_header_font_size="eyJhbGwiOiIyMCIsInBvcnRyYWl0IjoiMTgifQ==" f_header_font_weight="600" f_header_font_family="702" f_header_font_transform="uppercase" tdc_css="eyJwb3J0cmFpdCI6eyJkaXNwbGF5IjoiIn0sInBvcnRyYWl0X21heF93aWR0aCI6MTAxOCwicG9ydHJhaXRfbWluX3dpZHRoIjo3NjgsInBob25lIjp7Im1hcmdpbi1ib3R0b20iOiI0MCIsImRpc3BsYXkiOiIifSwicGhvbmVfbWF4X3dpZHRoIjo3NjcsImFsbCI6eyJtYXJnaW4tYm90dG9tIjoiMzAiLCJkaXNwbGF5IjoiIn19"]

Most Popular