New York City – DIGIT INFO

New York Mayor Supportive of Mining Restrictions but Maintains Crypto Hub Objective

DIGIT — Mon, 28 Nov 2022 05:00:11 +0000

Mayor of New York City Eric Adams took a supportive, if somewhat veiled, stance on the partial crypto mining ban imposed in the state. A law signed by fellow Democrat and New York Governor Kathy Hochul temporarily limits the minting of digital currencies using fossil fuels. New York Mayor and Bitcoin Supporter Eric Adams to […]

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NYC Mayor Undeterred by FTX Collapse — Insists Crypto Is an Industry ‘We Must Embrace’

DIGIT — Thu, 24 Nov 2022 01:00:36 +0000

The mayor of New York City, Eric Adams, is not discouraged by the collapse of crypto exchange FTX and heavy market sell-offs. Noting that crypto is coming whether we like it or not, he stressed the importance of moving into this space. NYC’s Mayor on FTX Collapse and the Importance of Embracing Crypto New York […]

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Bitcoin Academy in Brooklyn Backed by Jay-Z and Jack Dorsey Airdrops BTC to Class Participants

DIGIT — Sun, 11 Sep 2022 15:30:45 +0000

Rap star Jay-Z, otherwise known as Shawn Carter, and Block CEO Jack Dorsey, recently airdropped bitcoin to members of the Bitcoin Academy in Brooklyn. Jay-Z’s mother, Gloria Carter explained in a statement that a myriad of residents from Brooklyn’s Bedford-Stuyvesant participated, and more than 350 people attended the crypto classes. Hundreds of Brooklyn Residents Attend […]

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Leading Auction House Christie’s Launches Web3 and Fintech Venture Arm

DIGIT — Tue, 19 Jul 2022 05:30:34 +0000

On Monday, Christie’s, the leading British auction house founded 256 years ago in 1766, announced the launch of a new venture fund called Christie’s Ventures. According to the announcement, the company’s venture arm plans to focus on “[Web3] innovation, art-related financial products and solutions, and technologies that enable seamless consumption of art.” Christie’s Ventures to […]

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‘Education Is Power’— Jack Dorsey and Jay-Z Launch a Bitcoin Academy in Brooklyn

DIGIT — Thu, 09 Jun 2022 21:00:21 +0000

The founder of financial tech company Block Inc., Jack Dorsey announced he is collaborating with the rapper Jay-Z by launching a Bitcoin Academy in Brooklyn. The Bitcoin Academy’s mission aims to empower and provide education to the region. The project’s website further details that residents of Marcy House, located in Brooklyn, New York will be […]

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NYC Mayor Eric Adams Converts First Paycheck to Bitcoin and Ether via Coinbase

DIGIT — Sat, 22 Jan 2022 00:30:34 +0000

The mayor of New York City, Eric Adams, has received his first paycheck in bitcoin and ether via Coinbase. “Promise made, promise kept,” the mayor said, referring to his promise to take his first three paychecks in cryptocurrency. Mayor of New York City Takes Paycheck in Cryptocurrency With the Help of Coinbase New York City […]

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NYC Mayor Undeterred by Falling Bitcoin Price, Says Buying the Dip Could Yield ‘Good Profit’

DIGIT — Fri, 07 Jan 2022 17:30:12 +0000

The mayor of New York City, Eric Adams, is not deterred by bitcoin’s volatility, noting that buying the dip could yield “a good profit.” He reiterated that he will receive his first three paychecks in bitcoin and will make New York City the center of blockchain technology. New York Mayor Hints at Buying the Dip […]

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NYC mayor getting paid in Bitcoin suggests buying the dip

DIGIT — Thu, 06 Jan 2022 16:20:00 +0000

Should Eric Adams accept his first three paychecks in Bitcoin, he would likely acquire more than 1 BTC following the price drop to $42,948.

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NYC and Miami mayors duke it out on Twitter over who is the bigger crypto advocate

DIGIT — Thu, 04 Nov 2021 19:46:59 +0000

“I look forward to the friendly competition in making our respective cities a crypto capital,” said recently re-elected Miami Mayor Francis Suarez.

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Mayoral candidate pledges to make NYC ‘most cryptocurrency-friendly city in the nation’

DIGIT — Wed, 01 Sep 2021 21:40:50 +0000

Some mayors of cities large and small in the U.S. have been pushing for the adoption of cryptocurrencies or otherwise taking a position in favor of digital assets.

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