As both fractional and traditional non-fungible tokens (NFTs) have seen exponential growth this year, the firm Otis has announced the launch of a marketplace called Otis House. The platform is a new NFT project that turns physical items into NFTs, and the tokens can be traded at any time for the physical items stored in…
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Jerome Powell cited CBDCs and digital assets in his speech to open the New York Innovation Center at the Federal Reserve’s local offices. The Federal Reserve Bank of New York has announced it will be partnering with the Bank for International Settlements Innovation Hub as part of the launch of its New York Innovation Center,…
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Major U.S. cities embrace crypto as federal regulators remain much harder to bring around. As the U.S. federal government — acting through its Securities and Exchange Commission — continues to valiantly protect investors and the public interest from the grave dangers of a spot Bitcoin exchange-traded fund, one major American city after another begin embracing…
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Despite the limitations of his office, the mayor-elect of New York could leverage his agenda-setting power to the benefit of both crypto and city residents. Despite his actual term at the helm of the New York City government kicking off some 1.5 months from now, Eric Adams, the city’s mayor-elect, has already started governing by…
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“We’re glad to welcome you to the global home of Web3!” said crypto-friendly Mayor-elect Eric Adams in response to CityCoins’ roll out of the NYCCoin this week. The NYCCoin is set to launch on Nov. 11 with the community-led proposal endorsed by New York City’s Mayor-elect Eric Adams. The NY-focused cryptocurrency is being launched by…
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New York City Mayor-elect Eric Adams plans to make NYC the center of crypto and innovation. He says we must open our schools to teach cryptocurrency and blockchain technology, noting that bitcoin is “a new way of paying for goods and services throughout the entire globe.” NYC Mayor-Elect Wants Schools to Teach Bitcoin, Crypto, Blockchain…
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The infrastructure bill has passed, much to the crypto community’s chagrin, yet the key battles lie ahead. Even though crypto has long attained relevance as an independent political issue, at times it gets entangled with the broader dynamics of the political process. The notorious infrastructure bill — a major pillar of the Biden administration’s economic…
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Incoming New York Mayor Eric Adams believes schools should be preparing students to navigate the world of cryptocurrency and digital assets. New York Mayor-Elect Eric Adams appears to be doubling down on his pro-crypto stance, asserting that that schools should incorporate cryptocurrency studies into their curricula. Speaking during a Nov. 7 interview with CNN’s State…
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The Mayor-elect said he plans to make New York the “center of the cryptocurrency industry” after he takes office in January. New York Democrat Mayor-elect Eric Adams revealed on Twitter today he intends to take his first three paychecks in Bitcoin. Adams also doubled down on his plans to make New York the “center of…
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Adams beat out Republican Curtis Sliwa — also a pro-crypto candidate — to become the next mayor of New York City with 72.8% of the vote. Democrat Eric Adams, who said he planned to make New York City “the center of Bitcoins” if elected mayor, has won his race against Republican Curtis Sliwa. Following the…
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