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Mayoral candidate pledges to make NYC ‘most cryptocurrency-friendly metropolis within the nation’

09/01/2021

Some mayors of U.S. cities giant and small have been pushing for the adoption of cryptocurrencies or in any other case taking a place in favor of digital property.

Curtis Sliwa, a beret-wearing Republican working to be the mayor of New York Metropolis, mentioned one of many objectives of his marketing campaign is to deal with crypto.

In a Wednesday tweet, Sliwa mentioned he could be specializing in creating higher monetary inclusivity in New York Metropolis by opening extra crypto ATMs and incentivizing companies to simply accept cryptocurrency. Based on his marketing campaign web site, nonetheless, the mayoral candidate at present solely accepts donations in U.S. {dollars} utilizing private checks or bank cards.

Sliwa introduced his intentions for the adoption of cryptocurrencies in NYC in June, earlier than profitable the Republican main within the metropolis’s mayoral race. The founding father of the crime-prevention group Guardian Angels and reportedly the proprietor of 16 rescue cats, he’ll face off in opposition to Democratic candidate Eric Adams in November.

Adams, who has additionally taken a seemingly pro-crypto stance by pledging to make New York Metropolis “the middle of Bitcoins,” gained the Democratic main in opposition to former presidential candidate and crypto advocate Andrew Yang in July. Yang additionally claimed he wished to make the town “a hub for BTC and different cryptocurrencies.”

Associated: Miami mayor aiming for ‘probably the most progressive crypto legal guidelines’

Some mayors of U.S. cities giant and small have been pushing for the adoption of cryptocurrencies or in any other case taking a place in favor of digital property. In August, Mayor Jayson Stewart of Cool Valley, Missouri proposed freely giving greater than $1 million in Bitcoin (BTC) to the town’s roughly 1,500 residents. Miami Mayor Francis Suarez has additionally mentioned he’s a hodler and needs to make the Florida metropolis enticing to these within the crypto and blockchain trade.