New York gets its own cryptocurrency with support from mayor elect Eric Adams

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On Wednesday, New York City’s CityCoin got its official launch with the start of mining, following a slew of enthusiastic speeches about cryptocurrency and blockchain in the first public appearances of he freshly elected Eric Adams, set to take up his post as New York City mayor in January. His ambition is to make the city the global center of cryptocurrency, and he also wants these new technologies to be taught in school. Democrat Eric Adams recently became the second African-American mayor of New York City.  Since his victory, the former police officer who describes himself as “pro business,…

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