New York Mayor to Get First Paycheck in Crypto

Published by
The Street

By Rob Lenihan Mayor Eric Adams says he wants New York to be ‘the center of cryptocurrency.’ The Big Apple is going crypto. New York City Mayor Eric Adams said Thursday that his first paycheck will be automatically converted into cryptocurrency. Hizzoner’s first paycheck, which is due on Friday, will be converted to ethereum and bitcoin via Coinbase Global (COIN) . “New York is the center of the world, and we want it to be the center of cryptocurrency and other financial innovations,” Adams said in a statement. “Being on the forefront of such innovation will help us create jobs, improve our ec…

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