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05.11.202121:11 Forex Analysis & Reviews: Bitcoin Breaks Into US Politics: New York Mayor Eric Adams and Miami Mayor Francis Suarez Receive Bitcoin Salaries

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Exchange Rates 05.11.2021 analysis

New York City Mayor-elect Eric Adams told his constituents that he plans to receive his first three salaries as New York City Mayor in Bitcoin.

The new mayor of New York is confident that Bitcoin is the future, he wants to make New York the center of cryptocurrency and digital finance. Adams supports the baton started by Miami Mayor Francis Suarez, who is ready to receive his salary in Bitcoin.

Adams took this to Twitter and said: "New York is a city for advanced and modern citizens. We are always ready to move towards global innovation, digitalization, and great success, so I am ready to receive my first three salaries in Bitcoin. New York will now become a mecca for fast-growing, innovative industries."

Miami Mayor Francis Suarez was a pioneer in US politics who is fully prepared to receive his salary in Bitcoin. Suarez is confident he can make Miami a digital city.

Eric Adams is due to take over as mayor of New York on January 1, and it is not yet entirely clear how he will receive his salary in bitcoin at the legislative level, so a special expert group will be assembled to resolve this issue, which will deal with this issue.

This is very big news for the entire crypto market, if such world centers as New York and Miami give the green light to Bitcoin, then everything can begin to scale after them.

After Bill de Blasio leaves office, Eric Adams wants to make the city not anti-business, but crypto-directed and digitalized.

Adams loves the competition between Miami and New York, and he is pleased that cities like these are giving the green light to crypto technology. However, New York Attorney General Laetitia James can put a spoke in his wheels.

She has previously begun to take serious reprisals against unregistered cryptocurrency companies in New York, James also submitted her candidacy for the governor of New York.

Miami also began to develop at an even more accelerated pace after Mayor Suarez accepted his Bitcoin salary.

Miami hosted the largest cryptocurrency conference, Miami Coin, and the city received over $7 million. Anthony Pompliano became like water, and earlier said that American politicians should accept payments in cryptocurrency.

Vitaly Kolesnikov
Analytical expert of InstaForex
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