New York City Mayor Eric Adams has expressed interest in holding Bitcoin on the city’s balance sheet, signaling a potential shift in municipal financial strategy towards cryptocurrency
New York City Mayor Eric Adams has expressed interest in holding Bitcoin on the city’s balance sheet, signaling a potential shift in municipal financial strategy towards cryptocurrency. This development comes amid broader positive sentiment in the crypto sector, highlighted by Robinhood CEO Vlad Tenev’s statement on CNBC that Bitcoin and cryptocurrencies will replace traditional finance. These remarks reflect growing institutional acceptance of digital assets in major financial and governmental entities.
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