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International Business Times
International Business Times
Business
Marvie Basilan

Can NYC Become The 'Crypto Capital Of The Globe'? Adams Flaunts Bitcoin Paycheck Gains

Eric Adams Crypto Bitcoin NYC Donald Trump Ross Ulbricht White House
NYC Mayor Eric Adams want his city to become the world's "crypto capital." (Credit: AFP)

KEY POINTS

  • He said New York City is at the frontline of 'the age of tokenization'
  • He said NYC will attract global talents and provide opportunities for underbanked communities
  • $BTC was trading at around $41,000 when Adams first converted his paycheck into Bitcoin and Ethereum
  • Bitcoin is now trading above $100,000 – 'Who's laughing now?' Adams said Monday

New York City Mayor Eric Adams on Monday bared his plans to turn the city into the "crypto capital of the globe," also flaunting how his first three paychecks that he converted into cryptocurrency back in 2022 have made significant gains.

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