<ul><li>New York City Mayor Eric Adams' plan of issuing BitBonds has faced opposition from NYC Comptroller Brad Lander.</li><li>Lander emphasized that cryptocurrencies are not stable enough to finance the city's infrastructure, housing, or schools.</li><li>He also mentioned that NYC lacks the capability to accept Bitcoin transactions or convert Bitcoin to U.S. dollars for bond issuance.</li><li>Despite Mayor Adams' verbal support for crypto, practical implementation in New York City remains uncertain due to regulatory and operational challenges.</li></ul>

New York City Won’t Be Issuing BitBonds Any Time Soon

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