Eric Adams, the mayor of New York City, made good on a previous pledge by receiving via automatic conversion his first paycheck in the form of
According to a Thursday morning"New York is the center of the world, and we want it to be the center of cryptocurrency and other financial innovations," Adams said in a statement."Being on the forefront of such innovation will help us create jobs, improve our economy, and continue to be a magnet for talent from all over the globe.
"Adams pledged to make the city more crypto-friendly during his campaign for mayor, thoughby The Block's Aislinn Keely, there are limits to what the NYC mayor can do in terms of specific complaints about state-level regulatory factors in play. Still, industry members told The Block that a visibly pro-crypto mayor will prove beneficial in the long-run.
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