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Eric Adams drops out of the New York City election race
Eric Adams (D-NY), the New York City mayor who made headlines as the first U.S. mayor to accept his first three paychecks in Bitcoin, has ended his campaign for reelection. Adams’s embrace of crypto defined much of his early tenure. At a New York City crypto summit, he declared: “I smell money, crypto, crypto, blockchain … we embrace technology … if the mayor of the greatest city is willing to talk about blockchain, Bitcoin … it is going to compel people.” He frequently spoke of his ambition to make New York “the crypto capital of the globe,” positioning the city at the forefront of digital asset ... (full story)