Overview
- At the Bitcoin2025 conference in Las Vegas, Adams called for the NYDFS BitLicense to be eliminated to allow unfettered bitcoin activity in New York City.
- He outlined plans for a ‘BitBond,’ a municipal bond backed by bitcoin designed to raise capital and give residents tax-advantaged exposure to the cryptocurrency.
- Adams branded himself the “Bitcoin mayor” and urged crypto firms to return to New York, invoking the city’s Empire State heritage to attract talent and investment.
- The mayor pressed the crypto community to engage in local politics to protect industry-friendly regulations and promote blockchain innovation.
- After his speech, Adams attended a fundraiser hosted by Brock Pierce, underscoring his reliance on crypto moguls’ financial support for his reelection bid.