New York City Mayor Eric Adams is pushing forward with a groundbreaking initiative to introduce a Bitcoin bond, dubbed the BitBond. This financial instrument aims to provide investors with a fixed income on their Bitcoin investments. The proposal reflects Adams’ ongoing advocacy for cryptocurrency and its integration into the city’s economic framework. Furthermore, Adams is working toward the elimination of the BitLicense regulation, which many critics argue stifles innovation in the crypto space. These developments signify a potential shift in New York City’s approach to cryptocurrency and finance.