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NYC Mayor Eric Adams Rolls Out Red Carpet for Crypto Builders: ’Empire State Awaits Your Blockchain Empire’
NYC Mayor Eric Adams Rolls Out Red Carpet for Crypto Builders: ’Empire State Awaits Your Blockchain Empire’
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New York’s leader makes a bullish bet on crypto—while Wall Street hedges. Mayor Eric Adams just pitched NYC as the next global hub for blockchain innovation, dangling regulatory clarity (and maybe tax breaks) like a carrot for weary crypto founders.
The subtext? A power play to snag talent from Miami and Austin. Adams wants the crypto crowd to rebuild Lower Manhattan’s skyline—this time with decentralized infrastructure. Too bad the city’s 4,000% energy costs might vaporize mining profits faster than a meme coin.
One question remains: Will crypto’s anarcho-capitalists actually cozy up to the city that birthed financial regulation? Grab your pitchforks—or your Series B term sheets.
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