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Eric Adams Aims to Make NYC Crypto-Friendly With Coin Similar to Miami's

  • Adams aims to turn New York into a crypto-friendly city
  • Says city must build a pipeline of talent for related jobs
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New York City elected Democrat Eric Adams as its next mayor, dealing a defeat to his Republican challenger, Curtis Sliwa. Adams promises to make the city functional again. 

Source: Bloomberg

New York City Mayor-Elect Eric Adams said he wanted to turn New York into a crypto-friendly city and wagered a “friendly competition” with the mayor of Miami, who was the first to set up a so-called CityCoin cryptocurrency.

“He has a MiamiCoin that is doing very well -- we’re going to look in the direction to carry that out,” Adams said in a Wednesday interview on Bloomberg Radio. He vowed to “look at what’s preventing the growth of Bitcoin and cryptocurrency in our city.”