BTCC / BTCC Square / decryptCO /
NYC’s Crypto-Cheerleader Mayor Eric Adams Doubles Down on Pro-Bitcoin Agenda

NYC’s Crypto-Cheerleader Mayor Eric Adams Doubles Down on Pro-Bitcoin Agenda

Author:
decryptCO
Published:
2025-05-20 20:42:20
7
2

NYC’s ’Bitcoin Mayor’ Eric Adams Reveals Plans to Boost ’Demonized’ Crypto Industry

New York’s ’Blockchain Believer’ mayor is pushing to rehabilitate crypto’s battered reputation—just as Wall Street starts eyeing exits. Adams wants tax breaks for mining ops, crypto-friendly zoning, and a city-run digital wallet. Critics call it political theater while the SEC keeps slapping billion-dollar fines on the industry.

Behind the hype? A desperate bid to keep crypto jobs (and donations) from fleeing to Miami. The mayor’s office insists this isn’t 2021-style irrational exuberance—but good luck finding a trader who’d bet their BTC stack on that promise.

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.Your EmailGet it!Get it!

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users