Eric adams crypto

eric adams crypto

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Mayor Adams To Take 1st Paycheck In Cryptocurrency
As for New York's chief crypto enthusiast, Adams isn't exactly �taking his paychecks in Bitcoin.� Instead, the mayor said that he used Coinbase. When New York City Mayor, Eric Adams, announced he was taking his first three paychecks in the form of Bitcoin, it might have been a publicity stunt. The remarks suggest the mayor's confidence in a highly volatile and increasingly scrutinized industry. Adams' doubling down on crypto comes as.
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Crypto investors have suffered trillion-dollar losses. Some experts have described the idea as a publicly run cash-transfer app, such as Venmo or Cashapp. Fraser told the committee that he expects the first wallets to be introduced by the end of the calendar year. Adams is the only mayor in recent memory to give a tacit endorsement to a financial product, according to Susan Lerner, the executive director of Common Cause NY, a government reform group. Open in Our App.