Miami and New York City coins tank despite Mayoral endorsements
“People will stop mining the coin if they can’t make money off of it,” according to Michael Bloomberg who referred to the two previously hyped city coins.
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Crypto at the polls: Eric Adams wins NYC mayoral race
Adams beat out Republican Curtis Sliwa — also a pro-crypto candidate — to become the next mayor of New York City with 72.8% of the vote.
Mayoral candidate pledges to make NYC 'most cryptocurrency-friendly city in the nation'
Some mayors of cities large and small in the U.S. have been pushing for the adoption of cryptocurrencies or otherwise taking a position in favor of digital assets.