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by: xpoolPosted on: May 29, 2025

NYC Unveils Bitcoin-Backed Municipal Bonds: A First Step Towards Crypto Finance Leadership

New York City is taking bold steps into the world of cryptocurrency finance with its announcement to issue a Bitcoin-backed municipal bond, dubbed ‘Bit Bond’. This historic move marks the first major city to do so. Mayor Eric Adams’s proposal aims to modernize financial innovation in the city and attract crypto businesses by reducing regulatory barriers. ]

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  3. New York City Launches First Bitcoin-Backed Bonds
  4. Eric Adams Unveils Plan to Issue First Municipal Bitcoin Bond, Aiming to Become Crypto Hub
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