NYC Mayor Eric Adams speaks out against PoW mining ban legislation
The Mayor has been a proponent of the crypto industry and has now pledged support for sustainable Bitcoin miners by asking Governor Hochul to veto a two-year moratorium on mining. New York City’s Mayor Eric Adams spoke out on Monday, June 13, against a bill just one step away from effectively banning Bitcoin mining in the state for the next two years.The bill is designed to place a two-year moratorium on Proof of Work (PoW) crypto miners who do not use 100% renewable energy. At the same time, New York state’s environmental agency is investigating the effects of mining on the environment.....
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The mayor of New York City, Eric Adams, converted his first paycheck into bitcoin and ether before the price of the cryptocurrencies plummeted. However, the mayor said, “When you are a long-term investor, you don’t keep your eyes on your portfolio.” He added that the purpose of receiving a paycheck in bitcoin is to send a message that New York City is open to technology.
NYC Mayor Converted Paycheck Into Bitcoin and Ether Before Prices Tanked
New York City Mayor Eric Adams answered some questions in an interview with CNN Sunday about receiving his....
Adams beat out Republican Curtis Sliwa — also a pro-crypto candidate — to become the next mayor of New York City with 72.8% of the vote. Democrat Eric Adams, who said he planned to make New York City “the center of Bitcoins” if elected mayor, has won his race against Republican Curtis Sliwa.Following the Nov. 2 Election Day results, Adams will be replacing Bill de Blasio as the mayor of New York City, defeating Sliwa and other candidates with 72.8% of the vote. He is expected to take office on Jan. 1.It's official -- our five-borough, knock-every-door, reach-every-voter campaign was....
New York Mayor-Elect Eric Adams recently won the mayoral race for the city. On November 3rd, Adams became the second black man to be elected as mayor in the city of New York. The win was momentous in itself but Adams’s comments and stance on cryptocurrencies, bitcoin, in particular, have been what has pushed him into the limelight in recent days. The mayor-elect had made the news days after his election when he said that he planned to receive his first three paychecks in bitcoin. This was in response to Miami’s Mayor Francis Suarez’s comment that he was going to receive a paycheck in....
New York City Mayor-elect Eric Adams says that he will take his first three paychecks in bitcoin. He has also promised to make NYC the center of crypto. “NYC it’s going to be the center of the cryptocurrency industry and other fast-growing innovative industries,” he said.
Eric Adams’ Bitcoin and Crypto Promises
New York City Mayor-elect Eric Adams said he wants to turn NYC into a crypto-friendly city and will also take his first three paychecks in bitcoin.
Replying to a tweet made by Miami Mayor Francis Saurez that he will take 100% of his....
“We're glad to welcome you to the global home of Web3!” said crypto-friendly Mayor-elect Eric Adams in response to CityCoins' roll out of the NYCCoin this week. The NYCCoin is set to launch on Nov. 11 with the community-led proposal endorsed by New York City’s Mayor-elect Eric Adams. The NY-focused cryptocurrency is being launched by CityCoins, the same firm that provides the MiamiCoin. The project utilizes the Stacks Protocol built atop of the Bitcoin blockchain to enable smart contracts and issue its coins. CityCoins tweeted on Nov. 9 that it was activating NYCCoin mining this week after....