This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
New York Mayor Eric Adams called for the repeal of the BitLicense and encouraged crypto businesses to return to the city during his speech at Bitcoin 2025. He emphasized New York’s role as a leader in crypto innovation and urged community engagement in local politics.
- Mayor Adams proposed eliminating the BitLicense, a costly regulatory hurdle for crypto businesses in New York.
- He announced plans for a Bitcoin Bond and a digital assets advisory council to boost crypto investment in the city.
- Adams compared the grassroots Bitcoin movement to Betsy Ross's creation of the American flag, emphasizing its democratic origins.
📎 Related coverage from: decrypt.co