Cryptocurrencies

NYC Mayoral Front Runner Eric Adams Says City Will Become ‘Center of Bitcoins’

NEW YORK, NY - JUNE 22: New York City mayoral candidate Eric Adams speaks during his election night party at Schimanski on June 22.

On the eve of New York City’s mayoral race on Tuesday, Democratic front runner Eric Adams has given a brief endorsement of the world’s largest cryptocurrency.

“I’m going to promise you in one year … you’re going to see a different city,” said Adams. “We’re going to become the center of life science, the center of cybersecurity, the center of self driving cars, drones, the center of bitcoins.”

Adams, who leads his party rivals in every borough across the city with the exception of Manhattan, has campaigned on promises to fight the city’s crime and promote its economic prosperity. He has managed to unite vast swathes of Black and Latino voters.

Related: Examine Blockchain for Ways to Stop Forced-Labor Goods, Australian Committee Says

See also: Republican House Campaign Arm to Accept Donations in Crypto

Adams currently holds a lead of 75,000 votes ahead of his closest rival, Maya Wiley, according to a New York Times report on Wednesday.

Former Democratic presidential candidate Andrew Yang, a longtime bitcoin proponent and cryptocurrency advocate, dropped out of the mayoral race in its earlier stages, acruing only 11.7% of total votes.

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