Eric Adams converting first paycheck as NYC mayor to bitcoin, ethereum

Mayor Eric Adams announced Thursday that he will be converting the initial income from his new job to cryptocurrencies, after he pledged last year to take his first three paychecks at City Hall in Bitcoin.

Adams will convert his first paycheck, which he will receive Friday, to cryptocurrencies Ethereum and Bitcoin, the mayor said.

“New York is the center of the world, and we want it to be the center of cryptocurrency and other financial innovations,” he…


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