NYC Mayor Eric Adams to receive first paycheck in cryptocurrency via Coinbase

Summary by Ground News
New York Mayor Eric Adams says he plans to receive his first paycheck as mayor in the form of the cryptocurrencies bitcoin and ethereum. The remarks come amid an increasing rush by investors, countries, and companies to be more open to understanding the currencies. Walmart also plans to delve into the cryptoconcurrency space.
4 months ago·New York, United States

News Articles

Reuters

New York Mayor Adams to receive first paycheck in cryptocurrency

New York City Mayor Eric Adams on Thursday said his first paycheck, to arrive on Friday, will be automatically converted into cryptocurrency via Coinbase Global Inc .

4 months ago·United Kingdom
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The Guardian

New York’s mayor is getting paid in bitcoin. But can he pay the bills with it?

Eric Adams will find it difficult to spend his cryptocurrency paycheck to pay for the daily costs of living in the Big Apple

4 months ago·London, United Kingdom
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News18 India

Cryptocurrency Update: 6 Coins Gain Up To 674% in a Day; Check Price List Here

Cryptocurrency Update: 6 Coins Lose Up To 99.51% in a Day; Crypto Market Down at 1.82Bn; Bitcoin was trading at $38,828.93 at the time of writing this article, down by 7.78 per cent over the last 24 hours, while Ether went below the $3,000 mark. Get crypto news on news18.com

4 months ago·India
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CBS Local

Mayor Eric Adams Taking First Paycheck In Cryptocurrency

NEW YORK (CBSNewYork) — Friday is payday for Mayor Eric Adams, and he’s taking his first paycheck in cryptocurrency.Honoring a campaign pledge, the mayor says he will use the Coinbase exchange to have his paycheck converted into cryptocurrency, including Bitcoin.In November, Adams said he would take his first three paychecks in cryptocurrency. In New York we always go big, so I’m going to take my first THREE paychecks in Bitcoin when I become ma…

4 months ago·United States
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NDTV

New York City Mayor Eric Adams Invests First Paycheck Into Bitcoin, Ether

As promised during his campaign to run for Mayor, Eric Adams will be converting his first paycheck from US Dollars to Bitcoin and Ether through Coinbase, the largest cryptocurrency exchange in the US.

4 months ago·New Delhi, India
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The Independent

NYC's mayor invests first paycheck in cryptocurrency

New York City Mayor Eric Adams plans to convert his first paycheck this week into two cryptocurrencies

4 months ago·London, United Kingdom
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The Independent
abc News
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+7
Reuters
Associated Press News
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+5
News18 India
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R 21%
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