Mayoral Front-Runner Vows to Make New York City the Bitcoin Center in One Year – Regulation Bitcoin News

The New York City mayoral candidate in the lead, Eric Adams, has promised that in one year New York will be “the center of all technology,” including “the center of bitcoins.” He will compete with Miami where Mayor Francis Suarez had a head start turning Miami into a bitcoin hub.

Mayoral Candidate Promises to Turn New York City Into the Bitcoin Hub

The 2021 New York City mayoral election is underway. Brooklyn Borough President Eric Adams, a former police officer, is currently in the lead. He led the first round of voting with 31.7% support. Civil rights lawyer Maya Wiley came second with 22.3%, followed by the city’s former sanitation commissioner, Kathryn Garcia, with 19.5%. Former presidential candidate Andrew Yang came in fourth with 11.7%.

During his election night party speech last week, Adams said:

I’m going to promise you. In one year, one year, you’re going to see a different city … We’re going to bring businesses here. We’re going to become the center of life science, the center of cybersecurity, the center of self-driving cars, drones, the center of bitcoins. We are going to be the center of all technology.

He added: “Miami, you had your run. We’re bringing our businesses back.”

In Florida, Miami Mayor Francis Suarez is a bitcoin hodler. He has also been trying to turn his city into a bitcoin hub. He has put forward a proposal to allow the city to pay its employees in bitcoin, accept the cryptocurrency for fees and taxes, and even explore the possibility of holding BTC on its balance sheet.

The city recently hosted the Bitcoin 2021 conference and blockchain.com just moved its headquarters there, which “created 300 new jobs and $30 million of recurring economic impact for our city,” Mayor Suarez said at the conference.

Another New York City mayoral candidate, Andrew Yang, also wants to turn NYC into a bitcoin hub. He said back in February: “As mayor of NYC — the world’s financial…

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