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NYC 'most crypto-friendly city'?

Posted by Jeffrey Sloe on September 02, 2021 - 12:17am


Mayoral candidate pledges to make NYC 'most cryptocurrency-friendly city in the nation'

Some mayors of cities large and small in the U.S. have been pushing for the adoption of cryptocurrencies or otherwise taking a position in favor of digital assets.


Image courtesy of CoinTelegraph

            SEPTEMBER 01, 2021

Curtis Sliwa, a beret-wearing Republican running to be the mayor of New York City, said one of the goals of his campaign is to focus on crypto.

In a Wednesday tweet, Sliwa said he would be focusing on creating greater financial inclusivity in New York City by opening more crypto ATMs and incentivizing businesses to accept cryptocurrency. According to his campaign website, however, the mayoral candidate currently only accepts donations in U.S. dollars using personal checks or credit cards.

Sliwa announced his intentions for the adoption of cryptocurrencies in NYC in June, before winning the Republican primary in the city’s mayoral race. The founder of the crime prevention group Guardian Angels and reportedly the owner of 16 rescue cats, he will face off against Democratic candidate Eric Adams in November.

Adams, who has also taken a seemingly pro-crypto stance by pledging to make New York City “the center of Bitcoins,” won the Democratic primary against former presidential candidate and crypto advocate Andrew Yang in July. Yang also claimed he wanted to make the city “a hub for BTC and other cryptocurrencies.”

Related: Miami mayor aiming for 'the most progressive crypto laws'

Some mayors of cities large and small in the United States have been pushing for the adoption of cryptocurrencies or otherwise taking a position in favor of digital assets. In August, Mayor Jayson Stewart of Cool Valley, Missouri proposed giving away more than $1 million in Bitcoin (BTC) to the city’s roughly 1,500 residents. Miami Mayor Francis Suarez has also said he is a HODLer and wants to make the Florida city attractive to those in the crypto and blockchain industry.

Original article posted on the CoinTelegraph.com site, by Turner Wright.

Article re-posted on Markethive by Jeffrey Sloe

Jeffrey Sloe I'm sure there are and will continue to be questions regarding this candidate. Thank you for reading and commenting Charles, Corneliu and Simon.
September 3, 2021 at 1:14am
Simon Keighley It will be interesting to see how this plays out - thanks for sharing, Jeffrey.
September 2, 2021 at 8:34am
Corneliu Boghian Thanks for sharing this info
September 2, 2021 at 3:53am
Charles Phillips Not accepting crypto contributions while claiming to support crypto raises questions about his support of crtpto.
September 2, 2021 at 3:13am