Andrew Yang wants New York City to become a Bitcoin hub

2021-2-12 13:46

Andrew Yang wants to turn New York City (NYC) into a Bitcoin hub if he is elected as mayor of the city

Andrew Yang wants to turn New York City into a place cryptocurrency users would find appealing if he is elected mayor of the city. Yang has been a long-term cryptocurrency proponent and ran a presidential campaign on that platform. Now he’s running for office to become the mayor of New York and plans to turn it into a Bitcoin hub.

The Democratic Party front-runner for the mayoral race made this statement while replying to a tweet by Meltem Demirors. Demirors complained about how hard it was for crypto companies to operate in New York due to the high taxes in the city and the taxes on the New York State Department of Financial Services (NYDFS) Bitlicense.

Yang replied that as mayor of NYC, he intends to make the city a hub for Bitcoin and other cryptocurrencies. Yang’s reply attracted a flurry of mixed comments as some people believe it to be a campaign-selling tactic, while others think it is political suicide.

However, most of the comments asked Yang to use his powers, if elected, to eliminate Bitlicense to ensure the city becomes an open place for cryptocurrency companies to operate. Demirors, the chief security officer (CSO) of CoinShares, told Yang he would need to take care of the high state taxes and Bitlicense to turn the city into a cryptocurrency hub.

Yang is currently the Democratic Party front runner, with recent polls showing he is ahead of City Comptroller Scott Stringer and Brooklyn Borough President Eric Adams. He ran on the same platform of creating a cryptocurrency-enabling America during the last presidential elections but ultimately stepped down.

In 2019, Yang argued that the United States Congress lacked the basic knowledge needed to roll out effective cryptocurrency legislation. Hence, the US will be playing catch-up to countries with clear-cut regulations.

Bitcoin has been performing well in recent weeks. The leading cryptocurrency briefly touched the $49,000 mark a few hours ago, taking its total market cap to $900 billion. Its recent rally might see BTC surge past the $50,000 mark over the next few days or weeks as the retail and institutional demand for the cryptocurrency increases.

The post Andrew Yang wants New York City to become a Bitcoin hub appeared first on Coin Journal.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Time New Bank (TNB) íà Currencies.ru

$ 0 (+0.00%)
Îáúåì 24H $0
Èçìåíåèÿ 24h: 0.00 %, 7d: 0.01 %
Cåãîäíÿ L: $0 - H: $0
Êàïèòàëèçàöèÿ $0 Rank 99999
Öåíà â ÷àñ íîâîñòè $ 0.0020147 (-100%)

andrew bitcoin city york yang wants new

Èñòî÷íèê: coinjournal.net

andrew bitcoin → Ðåçóëüòàòîâ: 126


Michael Saylor Predicts Massive Investor Shift from Gold to Bitcoin After Buying Another $10M Worth of BTC

Michael Saylor, the ‘bitcoin slayer’ that needs no introduction, continues his attacks on everything non-bitcoin, this time unleashing his wrath on gold. It Feels Great, Says Saylor of Owning More Than 71K Bitcoins In an interview with Andrew Henderson of Nomad Capitalist, a legal finance advisory, Saylor, condemning gold as a “dying asset” and “dead […]

2021-2-3 19:30


BoE Gov: Public Interest Lies in Privacy, But Crypto’s Are Not A ‘Lasting Digital Currency’

Bank of England Governor Andrew Bailey has no love lost for Bitcoin and believes the days of cryptocurrencies are numbered. Speaking on a panel about digital currencies at the Davos-based World Economic Forum on Monday, Bailey said, “Have we landed on what I would call the design, governance, and arrangements for what I might call a […] The post BoE Gov: Public Interest Lies in Privacy, But Crypto’s Are Not A ‘Lasting Digital Currency’ first appeared on BitcoinExchangeGuide.

2021-1-26 18:25


JPMorgan CEO Jamie Dimon Still on The Sidelines, Watching BTC Millionaires Stack Up; ‘Not My cup of Tea’

Jamie Dimon, the CEO of banking giant J. P Morgan Chase, has again expressed his disinterest in Bitcoin during the recently concluded DealBook Online Summit. Andrew Ross of CNBC hosted the virtual event, and in-attendance were other prominent figures, including Lebron James, Elizabeth Warren, and the CFO of Google and Alphabet, Ruth Porat.

2020-11-19 20:58


Bank of England guv: Bitcoin, cryptocurrencies are difficult and unsuitable for public use

In a panel discussion with the Brooking Institution, Governor of the Bank of England, Andrew Bailey said that stablecoins, Bitcoin, and other cryptocurrencies are difficult and unsuitable for the publThe post Bank of England guv: Bitcoin, cryptocurrencies are difficult and unsuitable for public use appeared first on AMBCrypto.

2020-9-3 19:43


Bitcoin Mining Company Hut 8 Acquires 9 Datacenters From Bitfury For $7 Million

Hut 8 Mining Corp a Canadian crypto mining company has completed the set up of its mining farm at Drumheller after purchasing 9 data centers from Bitfury for $7 million. Andrew Kiguel, Chief Executive Officer of Hut 8 believed the purchase would allow the Drumhekker facility to be fully functional and provide the full ownership […]

2019-11-30 21:53


Ôîòî:

Presidential Candidate Andrew Yang Discusses His Plan for Cryptocurrencies

Presidential candidate Andrew Yang has detailed his plans to regulate the digital economy if he were to become the President of the United States. Yang’s recent blog post called “Regulating technology firms in the 21st century,” explains how the candidate believes current American legislators are out of touch with innovative technologies.

2019-11-19 06:30


Ôîòî:

Extra Votes for Andrew Yang for Following CZ Binance

Democratic POTUS hopeful Andrew Yang may have an uphill battle ahead. But as Binance’s Changpeng Zhao (CZ) pointed out, that doesn’t make him any less of a ‘hustler. ’ Andrew Yang Gets the Bitcoiner Vote While it’s unlikely that outsider Andrew Yang will win the race for POTUS next year, his pro-stance on Bitcoin and blockchain definitely wins the crypto community’s vote.

2019-10-4 16:00


Blockstream’s Andrew Poelstra reiterates the importance of Miniscript in Bitcoin

Andrew Poelstra, Director of Research at Blockstream, recently became involved with the development of Miniscript in order to re-structure the Bitcoin script in a more organized manner. It is believed that Miniscript language would be able to unlock Bitcon’s underlying potential with regards to advanced spending conditions in the network and optimize efficient analysis.

2019-10-4 22:30


Ôîòî:

Andrew Yang: Technology of cryptocurrency is powerful, optimistic in long term

According to Andrew Yang, an American 2020 Democratic presidential candidate, the underlying technology of cryptocurrency like bitcoin, called blockchain technology, is powerful. Universal bitcoin income with the usage of cryptocurrency In an interview with David Choi and Michelle Phan who have nearly 10 million subscribers on YouTube combined, Yang stated that the hype may have […] The post Andrew Yang: Technology of cryptocurrency is powerful, optimistic in long term appeared first on CryptoSlate.

2019-9-16 12:55


Pieter Wuille Unveils ‘Miniscript,’ A New Smart Contract Language for Bitcoin

Smart contracts could soon get a boost in bitcoin as prominent programmer Pieter Wuille has unveiled a new coding language designed specifically for their use. Posted to the bitcoin developer mailing list Monday, the ‘Miniscript’ language aims to make it easier for programmers to write up “smart contracts” or conditions for spending bitcoins. Programmers Wuille, Andrew […]

2019-8-20 17:30


Tether Minting is Behind one of Bitcoin’s Biggest Rallies in 2019 – Andrew Rennhack

According to LongHash, Bitcoin’s price is largely driven by Tether’s price, so Tether is a very good predictor of the Bitcoin price. Although this conclusion does not resonate with the entire crypto community, some Crypto Twitter personalities seem to believe it and consider it as not just a price predictor but as the push behind […] The post Tether Minting is Behind one of Bitcoin’s Biggest Rallies in 2019 – Andrew Rennhack appeared first on ZyCrypto.

2019-8-8 22:24


äàëüøå åùå 77 íîâîñòåé →

Ïàðòíåðû Currencies.ru

Ðåêëàìà íà Currencies.ru

Ñàìîå ñâåæåå íà Currencies.ru

Mintlayer launches user-friendly staking platform with 198% APY

Bitcoin Layer-2 (L2) platform Mintlayer has announced an upgrade to its staking program, enhancing the user interface (UI) to make it more accessible and easier to use. The simplified staking program is integrated into Mintlayer’s blockexplorer and Mojito wallet browser extension, enabling users to stake their ML tokens and earn substantial rewards. Industry-leading APY attracts […]

PEPE takes a hit after GameStop inspired rally, here’s why it could dip lower

PEPE, one of the largest meme coins in the crypto ecosystem has wiped out 4.19% of its value early on Thursday. The return of legendary trader “Roaring Kitty” associated with GameStop’s 2021 rally catalyzed gains in top meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), Dogwifhat (WIF), Popcat (POPCAT) and PEPE, among others.  […]

Geoffrey Morphy’s $27M lawsuit leads to Bitfarms ouster

In a dramatic turn of events, Bitfarms has terminated Morphy as CEO and president of the mining firm following the filing of a lawsuit against the company. Morphy’s filed a lawsuit against Bitfarms seeking a staggering $27 million in damages, prompting Bitfarms to terminate his role despite prior announcement of plans to have him remain […]