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NYC Mayor Eric Adams Doubles Down on Crypto Hub Dreams—Wall Street Grumbles
NYC Mayor Eric Adams Doubles Down on Crypto Hub Dreams—Wall Street Grumbles
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New York’s mayor wants to turn the Big Apple into the blockchain big leagues—just don’t ask about the regulatory red tape.
Adams pushes crypto-friendly policies while traditional finance rolls its eyes. Tax breaks for exchanges, blockchain education in schools, and a city-issued stablecoin? All on the table.
Meanwhile, Wall Street veterans whisper about the last time NYC tried to out-tech Silicon Valley. Remember the ’next biotech hub’ promises? Exactly.
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