New York will launch its own municipal cryptocurrency NYCCoin. It will be launched on November 11 on the service
With the initiative of mining our own cryptocurrencyNew York City's new mayor, Eric Adams, spoke recently. The official talked a lot about this, including on his Twitter. He said that he wants to use these funds to fund various city events, and that he will receive the first three salaries in cryptocurrency.
We’re glad to welcome you to the global home of Web3! We're counting on tech and innovation to help drive our city forward. https://t.co/SY9pv1Ebct
- Eric Adams (@ericadamsfornyc) November 8, 2021
In the United States, this is not the first experience of creating an urban cryptocurrency. The pioneer in this was Miami, for which the MiamiCoin cryptocurrency was created to fill the city budget.