NYC Mayor Adams Unveils Crypto Council Plans at Brooklyn Conference
Mayor Eric Adams criticized former Governor Andrew Cuomo's crypto policies while outlining his reelection platform at the Permissionless conference.
Adams plans to establish a city council advocating for crypto policies in state government within his first 120 days if reelected.
The mayor wants to pay for city services using crypto and introduce digital asset education in New York schools.
Adams confirmed he still holds his first three mayoral paychecks received in
$BTC and continues pushing for Bitcoin-backed municipal bonds.
The independent candidate faces Democratic primary winners and Republican Curtis Sliwa in November's election.
Comptroller Brad Lander called the Bitcoin bond proposal "legally dubious," but Adams suggested exploring ways to circumvent opposition.
The crypto-friendly mayor faces ongoing corruption charges while positioning New York as a #blockchain hub and promoting #cryptocurrency adoption.