A small number of unelected individuals in Washington D.C. are exercising alarming authoritarian power as regulators, counter to the Big Apple’s stated desire to move from antiquated financial systems to digital ones, writes Omer Ozden.
New York City: A Crypto Sandbox in a Big Business Playground
The Big Apple is big everything. The world’s financial center, it also has a huge population not only of talented developers to hire, but consumers to sell to. In such a huge and bustling ecosystem, crypto may not rate as the city’s highest priority. But like it or not, the No. 12 spot in CoinDesk’s Crypto Hubs 2023 is a place crypto companies must be.
NYC mayor getting paid in Bitcoin suggests buying the dip
Should Eric Adams accept his first three paychecks in Bitcoin, he would likely acquire more than 1 BTC following the price drop to $42,948.
NYC and Miami mayors duke it out on Twitter over who is the bigger crypto advocate
“I look forward to the friendly competition in making our respective cities a crypto capital,” said recently re-elected Miami Mayor Francis Suarez.
Mayoral candidate pledges to make NYC ‘most cryptocurrency-friendly city in the nation’
Some mayors of cities large and small in the U.S. have been pushing for the adoption of cryptocurrencies or otherwise taking a position in favor of digital assets.