New York Mayor to receive three salaries In Bitcoin

Eric Adams has decided to follow the path of his Miami colleague.

New York Mayor-elect Eric Adams is set to receive his first three Bitcoin salaries after taking office in January 2022. He announced this in a response to the tweet of Miami Mayor Francis Suarez.

Earlier, Suarez announced plans to receive the next salary in Bitcoin and Adams decided to support this initiative.

In an interview with Bloomberg, Eric Adams said he would consider obstacles to Bitcoin's growth in New York and explore the prospect of creating a so-called CityCoin cryptocurrency, similar to MiamiCoin.

During the election campaign, Eric Adams also announced that he plans to make New York more technology and crypto-friendly.

At the moment, a BitLicense is valid in New York, and since its requirements are considered the most stringent for the industry, many cryptocurrency companies were forced to leave the state.

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