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Eric Adams: “It is time, for the first time in the history of this city…”

Featuring: Eric Adams, Democratic | Mayor of New York

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Eric Adams Advocates for Bitcoin Innovation and Financial Instruments in New York City

Published | Video Starts at 04:17

But let's go further than that. We have financial instruments for all other bonds. You can have tax exempt bonds and other bonds. It is time, for the first time in the history of this city, to have and financial instrument that is made for those who are holders of bitcoin. 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 so you can do those same bond investments in New York City. (04:17–04:32)

CLAIM

Proposes the creation of a financial instrument specifically for bitcoin holders in New York City.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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