NYC Pro-Crypto Mayor Announces Bitcoin Bond Plan, Intends to Eliminate BitLicense

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New York City (NYC) Mayor Eric Adams has announced plans to build a municipal Bitcoin-backed bond, dubbed ‘BitBond.’ He further intended to eliminate the New York controversial BitLicense, which has been a significant hurdle for crypto businesses. Speaking on Wednesday at the Bitcoin 2025 conference in Las Vegas, he said that New York is the Empire State and “we build empires. Come back home,” he called crypto businesses, encouraging to come back to the city. “It’s time for the first time in the...