Author and crypto expert Abhinav R. Soomaney has a new book out called “Cryptocurrency in a Nutshell.” In the composition, Soomaney discusses a big...

Miami’s Bitcoin-bullish Mayor, Francis Suarez, remains faithful to the asset after the collapse of one of the world’s largest crypto exchanges shook confidence...

It’s happened, folks. We’ve always known New York wasn’t crazy about cryptocurrency, but this new law its governor has recently passed clearly takes its...

The story of Bitcoin has certainly had its fair share of nefarious characters, criminal activity, bad haircuts and worse wardrobes, and yet our anti-hero...

New York City mayor Eric Adams’ stance on crypto is reportedly undeterred by the recent collapse of the FTX exchange. Adams has converted his first...

Virginia’s Senate on Friday unanimously approved a bill that will allow banks in the state to provide crypto custody services, granted they have enough resources to manage the associated risk. The bill will go into effect once it is signed by Governor of Virginia Glenn Youngkin. The bill effectively allows banks to be able to

The post Breaking: U.S. State Virginia Will Allow Banks To Offer Crypto Custody Services appeared first on CoinGape.

Despite its record-low price, Miami Coin is going to stick around for some time according to Mayor Francis Suarez. The Price of Miami Coin Is Low Miami Coin is a new digital asset built for the city of Miami in Florida. The currency has only been around for a few months but is part of...

The post Francis Suarez: Miami Coin Isn’t Going Anywhere appeared first on Live Bitcoin News.

The "first-in-nation" cyber command center will provide municipal and local governments with threat intelligence and resources to defend themselves against cyberattacks.

The cryptocurrency industry is attracting more and more attention as the global population becomes more sophisticated. Different countries have different attitudes towards this emerging technology. While some of them are friendly, others remain reluctant. However, this does not stop people from taking an interest in digital assets.

Following in the footsteps of New York City Mayor Eric Adams, Brussels MP Christophe De Beukelaer intends to convert his salary to Bitcoin. (Read More)

The game-theoretic aspect of Bitcoin adoption is shown as politicians around the world race to establish the most welcoming place for the industry.

Newly-elected New York City Mayor Eric Adams confirmed his first paycheck will be converted to Bitcoin (BTC) and Ethereum (ETH) on Friday via Coinbase cryptocurrency platform. The news comes after Adams vowed to take his first three paychecks in Bitcoin after engaging in a friendly twitter challenge with Miami Mayor Francis Suarez in November. Both Suarez and Adams are pushing to make their respective cities a centre for cryptocurrency hubs. In New York we always go big, so I’m going to take my first THREE paychecks in Bitcoin when I become mayor. NYC is going to be the center of the cryptocurrency industry and other fast-growing, innovative industries! Just wait! — Eric Adams (@ericadamsfornyc) November 4, 2021 The recently-elected NYC Mayor will be paid in US dollars, which will be then converted into cryptocurrencies before being deposited into his account. The extra step of converting comes as the U.S. Department of Labor prohibits employees from being paid directly in cryptocurrency, but can have their funds converted before being deposited in their accounts. It remains unclear as to how long Adams plans to hold the cryptocurrencies or how they will be taxed. “New York is the center of the world, and we want it to be the center of cryptocurrency and other financial innovations. Being on the forefront of such innovation will help us create jobs, improve our economy, and continue to be a magnet for talent from all over the globe,” said Adams in a statement earlier on Thursday. Adams has been vocal about wanting to transform New York into a global crypto hub. In fact, cryptocurrencies were a big part of his election campaign last year. He even made sure that New York had its own CityCoin, a token that allows people to invest in the city. At the time, he said, “We’re going to become the centre of life science, the centre of cybersecurity, the centre of self-driving cars, drones, the centre of Bitcoins.”

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