Business, Finance & Tech
Eric Adams Announces New York City’s Bitcoin-Backed Bond Plan at Bitcoin 2025 Conference in Las Vegas
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ARTICLE:
LAS VEGAS, NV – New York City Mayor Eric Adams made headlines at the Bitcoin 2025 conference in Las Vegas by announcing an ambitious plan to introduce Bitcoin-backed bonds for the city. Speaking to an enthusiastic audience of crypto advocates, Adams emphasized his continued commitment to integrating digital currencies into municipal finance.
“I believe we need to have a bit bond, and I am going to push and fight to get a bit bond in New York,” Adams declared during his speech. “So you can do those same bond investments in New York City.”
Adams, who famously began receiving his salary in Bitcoin several years ago, has long been a champion of cryptocurrency. His proposal would make New York City the first U.S. city to offer Bitcoin-backed bonds, signaling a bold step towards integrating blockchain technology into public finance.
The Bitcoin 2025 conference, which draws bipartisan political leaders and tech innovators, has become a platform for major policy announcements and discussions about the future of digital assets. Vice President J.D. Vance, Florida Representative Byron Donalds, Eric Trump, and other prominent figures addressed the crowd, signaling growing political support for Bitcoin and other cryptocurrencies.
“The message from this conference is clear,” said Jay Bowes, an attendee covering the event. “There’s a bipartisan wave of support for crypto, and figures like J.D. Vance and Byron Donalds are actively positioning their states to embrace this technology.”
Adams’ announcement aligns with this broader momentum, as cities and states across the country explore ways to attract investment and foster innovation through digital finance. His plan would leverage Bitcoin’s value to create a new type of municipal bond, offering investors an opportunity to support New York City’s development while embracing the future of finance.
As Bitcoin 2025 continues in Las Vegas, excitement grows around the intersection of technology, politics, and finance. Attendees are eagerly watching how leaders like Adams and others will shape the crypto landscape in the months ahead.
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By: NBC Palm Springs
May 29, 2025
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