Mayor-elect Eric Adams, who said he is hoping to transform New York into a crypto hub, said the city would be able to collect revenue using the prospective tokens. Adams also said he wants the city to entice trained employees in the space and to cut red tape inhibiting the growth of cryptocurrencies.
Estimated reading time: 0 minutes, 25 seconds
NYC Mayor-elect Wants to Create Big Apple Crypto to Mirror MiamiCoin
New York City’s next mayor is hoping to mimic Miami’s city-wide cryptocurrency by creating one similar to it in the Big Apple. So reports Forbes.
Most Read
-
-
Apr 27 2019
-
Written by FinTech News Brief Staff
The Securities and Exchange Commission announced the concept of digital…
-
-
-
Jan 09 2019
-
Written by FinTech News Brief Staff
Ripple CEO Brad Garlinghouse said cryptocurrency and blockchain stand to…
-
-
-
Sep 21 2018
-
Written by Jacob Roberts
Online software vendor Kashoo is forming focus group to react…
-
-
-
Sep 03 2020
-
Written by FinTech News Brief Staff
The IRS issued new guidance indicating cryptocurrency earned from crowdsourcing-based…
-