More BTC in New York? Regularly, Eric Adamsthe mayor of New York, says they wish to make the city the world capital of the crypto. In a speech given to The Bitcoin Conference 2025 which is held in Las Vegas, the elected official announced his intention to launch a Bitcoin Bond in the city and put an end to the program Bitlicense state.
- Eric Adams, the mayor of New York, announced his intention to launch a Bitcoin Bond for the city.
- He also expressed his desire to end the Bitlicense program, considered too restrictive, to promote innovation in New York.
Eric Adams wants to launch a Bitcoin Bond For New York
The mayor Eric Adams recently made a statement daring during The Bitcoin Conference 2025. He has indeed expressed his desire to see the city of new York launch one’s own Bitcoin Bond. That is to say a Municipal obligation backed by bitcoins.
According to the mayor of New York, it is time for the city to offer financial instruments adapted to Bitcoin holders, even if it does not provide specific details for the moment:
“We have financial instruments for all other obligations. You can have exempt tax obligations and other obligations. It is time for the first time in the history of this city to have a financial instrument designed for Bitcoin holders. »»
Eric Adams, mayor of New York
Bitlicense in the viewfinder of the New York mayor
In addition to his support to launch a Bitcoin BondEric Adams has renewed his call to the deletion The very restrictive program Bitlicense from New York. Implemented in 2015, this program obliged Cryptos companies in obtain a license with the New York Financial Services Department (Nydfs) and to respect very strict compliance standards.
Eric Adams once again criticized this regulatory shackles which obstruct innovationqualifying him as overly expensive And too restrictive ::
« You have a mayor who wants to be the mayor Crypto, the mayor Bitcoin, and I want you to return to the city of New York, where you will not be attacked and criminalized. Let us get rid of the Bitlicense, and allow ourselves to have the free movement of Bitcoin in our city. »»
Eric Adams, mayor of New York
Whether during his campaign for the municipal elections or after his appointment at the head of the New York town hall in 2021, Eric Adams has always been a fervent defender of Bitcoin and cryptocurrencies. And the proposal of a Bitcoin Bondaccompanied by the removal of the Bitlicense, clearly goes in the direction of making New York a major center For the crypto sector, as the elected official has regularly promised it.