Back in November 2021, the official said he planned to receive his first three salaries as city manager in bitcoins. The head of the mayor’s office of the largest U.S. business center then declared
his intention to make New York City a hub for the crypto industry and argued that once the bill is signed into law, the city will work with Congress to find a balance between the development of the industry and the requirements of the legislation.
Isla MacKenzie covers Web3 culture, NFTs and the metaverse from Edinburgh. A former product writer at Sky and CodeBase, she has been on the BTCNews team since 2022 and runs our weekly Creators newsletter. Isla studied Digital Humanities at the University of Edinburgh and was named one of CityAM's '30 Under 30 in Crypto' in 2024. She writes about culture without losing sight of the underlying tech.