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NYC’s Crypto-Cheerleader Mayor Eric Adams Doubles Down on Pro-Bitcoin Agenda
NYC’s Crypto-Cheerleader Mayor Eric Adams Doubles Down on Pro-Bitcoin Agenda
New York’s ’Blockchain Believer’ mayor is pushing to rehabilitate crypto’s battered reputation—just as Wall Street starts eyeing exits. Adams wants tax breaks for mining ops, crypto-friendly zoning, and a city-run digital wallet. Critics call it political theater while the SEC keeps slapping billion-dollar fines on the industry.
Behind the hype? A desperate bid to keep crypto jobs (and donations) from fleeing to Miami. The mayor’s office insists this isn’t 2021-style irrational exuberance—but good luck finding a trader who’d bet their BTC stack on that promise.
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