New York City Mayor Eric Adams has called on states to abandon the BitLicsing plan.
Speaking at the Crypto and Digital Assets summit in London on April 27, New York Mayor Eric Adams stated that the BitLicesing plan innovation and economic He said it hindered growth.
Adams, who has previously stated that he plans to make New York City the center of the crypto money market, after he was elected president. received his first three salaries in Bitcoin (BTC).
In his speech Another future phase of cryptocurrencies and blockchain technology President, who said that these opportunities not wasted stated it should.
It was decided in 2015 that any virtual currency provider wishing to offer services in New York is required to obtain a BitLicense.
License, according to the states’ department of financial services, It is in the best format regulated for the virtual currency market.
Also this week, the New York State government passed a bill banning all Proof-of-Work (PoW)-powered cryptocurrency mining facilities that use carbon-based fuels for two years.
New York State Passes Bill Banning Proof-of-Work (PoW) Mining Facilities
Related article: New York State Passes Bill Banning Proof-of-Work (PoW) Mining Facilities