New York City’s Mayor-elect Eric Adams wants to get his first three paychecks in Bitcoin, one-upping Miami Mayor Francis Suarez’s request for a single paycheck in the cryptocurrency. That’s just one piece of Adams’ big plans to encourage the use of Bitcoin in New York, apparently part of a strategy to boost the city’s status as a financial center. Meanwhile, Bitcoin miners, who deploy massive amounts of computing power to create new units of the cryptocurrency, are eager to set up operations in New York State.
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