Eric Adam, the newly elected mayor of New York, has set his sights on turning the city into a crypto hub. In an interview with CNBC’s Squawk Box, Adam hinted at his plans for the future. Among a list of other things, he plans to transform New York into the centre for new technologies like drones, self-driving cars, cybersecurity, and Bitcoin.

Regarding the recent dip in Bitcoin prices, Adam simply advised traders to take advantage of the dip by purchasing more Bitcoin and hoping for better returns in the future.

To read more about his interview, click on this link


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