NYC’s Crypto-Cheerleader Mayor Eric Adams Doubles Down on Pro-Bitcoin Agenda

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2025-05-20 20:42:20

NYC’s ’Bitcoin Mayor’ Eric Adams Reveals Plans to Boost ’Demonized’ Crypto Industry

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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