NYC Comptroller Critiques Mayor Adams' Bitcoin Bond Proposal
Brad Lander has rejected Mayor Eric Adams' suggestion to finance municipal bonds through bitcoin, calling it inadequate from a legal and financial standpoint.
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Brad Lander has rejected Mayor Eric Adams' suggestion to finance municipal bonds through bitcoin, calling it inadequate from a legal and financial standpoint.
In a prominent address at Bitcoin 2025 in Las Vegas, Mayor Adams emphasized the need to eliminate the restrictive BitLicense and proposed the innovative BitBond to attract cryptocurrency businesses back to New York City.
Mayor Eric Adams invites cryptocurrency companies to make New York City their base, aiming for it to become a leading global hub for the crypto industry.
The acting U.S. Attorney for the Southern District of New York, Danielle Sassoon, has stepped down amid political pressures, raising concerns about the future of crypto-related prosecutions.
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