New York Mayor-Elect Adams Says He Will Take His First 3 Paychecks in Bitcoin

New York Mayor-Elect Adams Says He Will Take His First 3 Paychecks in Bitcoin
New York City Mayor-elect Eric Adams speaks during his election night party at the New York Marriott at the Brooklyn Bridge in the Brooklyn borough of New York City on Nov. 2, 2021. Michael M. Santiago/Getty Images
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New York Mayor-elect Eric Adams said on Thursday he would take his first three paychecks in bitcoin and signaled his intention to make his city the “center of the cryptocurrency industry” after he takes office in January.

“In New York we always go big, so I’m going to take my first THREE paychecks in bitcoin when I become mayor,” Adams wrote in a Twitter post. “NYC is going to be the center of the cryptocurrency industry and other fast-growing, innovative industries! Just wait!”