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NYC Mayor Eric Adams Unveils Bitcoin-Backed ‘BitBond’ Plan at BTC 2025 Conference

  • NYC Mayor Eric Adams unveiled plans for a Bitcoin-backed municipal bond called 'BitBond' at the Bitcoin 2025 conference in Las Vegas.
  • Adams aims to repeal the BitLicense to attract crypto businesses back to New York and transform it into a global leader in digital finance.
  • New York plans to use the Bitcoin blockchain for birth certificates and allow tax payments in Bitcoin, simplifying interactions with the government.
  • Adams emphasized the importance of educational outreach in the cryptocurrency industry to prevent elected officials from hindering its progress.

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