New York mayor announces cryptocurrency plans during Democratic primary vote

PANews June 25th news, according to Cointelegraph, New York Mayor Eric Adams criticized former Governor Andrew Cuomo's digital asset policy at the Permissionless conference in Brooklyn for being "erroneous and misleading", saying that he "destroyed the state's crypto industry" during his tenure. Adams announced that it will set up a municipal committee to promote crypto policies and establish channels to support payment for city services in cryptocurrencies, and plans to introduce digital asset education courses in schools.

The mayor, who once paid Bitcoin as a salary, said he still held Bitcoin and continued to push for Bitcoin municipal bond programs. On the same day, when the Democratic primary vote was voting, Cuomo, who was involved in a sex scandal, led the lead. Adams seeks re-election as an independent candidate, or another match against Republican rival Curtis Sliwa, who advocates crypto policies in 2021. In addition, Adams is facing corruption charges for receiving illegal political donations.

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