June 7, 2025

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NYC Comptroller rejects Mayor Adams’s proposal for Bitcoin-backed bonds

1 min read
1 week ago admin
NYC Comptroller rejects Mayor Adams’s proposal for Bitcoin-backed bonds

NYC Comptroller rejects Mayor Adams’s proposal for Bitcoin-backed bonds

Mayor Eric Adams’s push for a Bitcoin-backed municipal bond faces strong opposition from Comptroller Brad Lander, who found the plan “legally dubious and fiscally irresponsible.”

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