Eric Adams, the new elected mayor of New York, says he wants his first three paychecks in this position to be in bitcoin.
Adams, a Democrat and retired captain in New York The police department will become New York’s second black mayor when he takes office in January.
In response to the mayor of Miami, Francis Suarez, who said he would take his next paycheck BitcoinMr Adams replied: “In New York we always make big money, so I will get my first three bitcoins when I become mayor.
“New York City will be the epicenter of the cryptocurrency industry and other fast-growing innovative industries! Just wait!” Mr. Adams added.
It comes on the heels of a campaign in which Mr Adams hinted at Miami’s mayor’s support for cryptocurrency and pledged that New York would become « the center of bitcoin » and « the center of all technology. »
« Miami, I ran, » he said.
However, the move could put Adams on a collision course with New York Attorney General Letitia James, who recently launched a crackdown on unregistered crypto firms.
Last week, James announced that she will run for governor of New York in next year’s midterm elections.
Bitcoin is currently trading at around $61,500 (£45,800) per token although the coin that is known to be volatile has been worth less than $33,000 (£24,500) per token in recent months.
Figures released at the beginning of this year showed 2.3 million adults in the UK own crypto assets Including Bitcoin, an increase of 400,000 over the previous year, despite warnings of the risks involved.
In the UK, the Financial Conduct Authority (FCA) said that if consumers invest in unregulated products, they should be prepared to lose all of their money.
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