NYC Mayor-Elect Eric Adams to Take First 3 Paychecks in Bitcoin

NYC Mayor-Elect Eric Adams to Take First 3 Paychecks in Bitcoin

Adams, currently the Brooklyn borough president and a retired New York City Police Department captain, was pro-crypto throughout his campaign that culminated with a victory at the polls earlier this week. The support is notable because New York City, despite being a major financial center, has some of the nation’s toughest cryptocurrency rules that require licenses for most types of crypto transactions.

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