Skip to main content

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

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

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.



from Bitcoin News https://ift.tt/3gWkusc
Labels:

Comments

Post a Comment

Popular posts from this blog

Deep Web Roundup: Dream Adds Monero and Bitcoin Tumbler “Chip Mixer” Launches

The darknet has been quiet of late, which is the way it’s meant to be. No news means no mega busts, honeypots, or mass market shutdowns. Even when it’s out of the spotlight though, the deep web is quietly making news, whether trialling the latest privacy coins or the newest coin mixers that promise to restore a little of the privacy that’s being stripped away from bitcoin users on a daily basis. Also read: U.S. Agency ICE Conducts Investigations That Exploit Blockchain Activity The Battle for Privacy Heats Up Privacy is all relative, but of late there’s been relatively little privacy to be enjoyed by bitcoin users. Blockchain monitoring software is becoming more sophisticated and more common, with U.S. law enforcement agencies using it to profile and hunt down deep web users. Chip Mixer is a relatively new bitcoin tumbler that’s designed to restore some of that privacy. Available on both the clearnet and darknet, the service uses a variety of techniques to obfuscate blockchain m...
10 comments
Read more

International Crypto Exchange Luno Adds Bitcoin Cash Trading

Luno exchange has added bitcoin cash trading to the platform following feedback from its client base. BCH is now only the third cryptocurrency available for trading on the exchange, in addition to BTC and ETH , but more options could be on the way once Luno determines that they are credible enough. Also Read: Bitflyer Adds Bitcoin Cash Trading Across Europe and the US Luno Adds Bitcoin Cash Trading Luno, the London-headquartered company formerly known as Bitx, recently announced that bitcoin cash was made available on its cryptocurrency exchange. Starting from Monday, September 23, customers at Luno are now able to store, buy and sell BCH on the platform. The reason given for adding BCH to the exchange is feedback from users in developing markets that convinced Luno to expand their offering from previously just BTC and ETH . Marcus Swanepoel, CEO of Luno, said , “We are in a new and exciting financial era. Developing economies are leading the large-scale adoption and appli...
Post a Comment
Read more

Ombudsman Receives Complaints About Crypto Investments in Spain

The Spanish ombudsman has been receiving complaints about cryptocurrency and how some Spanish citizens investing in these vehicles have lost everything. In his annual report, Angel Gabilondo recognized the rise of cryptocurrencies as a new problem due to the little or no regulation crypto sees in the country. In the same way, the EU has also warned about these assets recently. Spanish Ombudsman Gives His Take on Crypto Angel Gabilondo, the Spanish ombudsman, has given his take regarding cryptocurrencies and the effects they have on citizens investing in some of these projects. Gabilondo said in his yearly report that cryptocurrencies have become “a new problem” during the year examined, with many people having lost all of their funds invested. The report states : Cryptocurrency exchange companies or platforms are not regulated in the legal system, are not subject to any public supervision system, nor do they benefit from deposit guarantee systems. The affected users that sought...
Post a Comment
Read more