welcome
CoinGape

CoinGape

Business

Business & Economics

NYC Mayor Eric Adams confirms plans to launch Bitcoin-backed municipal bonds

CoinGape
Summary
Nutrition label

60% Informative

NYC Mayor Eric Adams has confirmed plans to launch a Bitbond in New York .

The pro-Bitcoin politician says New York will strive to become the crypto capital of the world.

Adams says the city will be the first to launch Bitcoin -backed municipal bonds for investors.

Adams has publicly endorsed Bitcoin , famously accepting his salaries in BTC.