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New York, future Bitcoin capital of the world? This former US presidential candidate has big plans

Will New York take the lead? – With the recent actions of the mayor of Miami in favor of Bitcoin, we have every right to wonder if all this fervor is not ultimately a tool of propaganda. Today, it is Andrew Yang, former presidential candidate of the United States, who intends to make New York a “global hub” for bitcoin and other cryptocurrencies.

New York, soon to be the capital of the financial world?

In one article from our colleagues at Cointelegraph, Andrew Yang tells us about his desire to use the crypto wave to raise New York City to the rank of capital of the financial world. To do this, he would, for example, reconsider the BitLicence, the very strict local legislative framework in force for several years.

To be fair, his announcement (as a tweet) didn’t not received only positive feedback. It must be said that BitLicence was hotly debated at the time of its introduction, and that it continues to be criticized today by some figures in the US crypto community.

As the fight against bureaucracy is largely a consensus on the other side of the Atlantic, the victory will perhaps come from thelegendary aversion of Americans for legislation and obstacles to their sacrosanct freedom to conduct business.

After Miami, would New York also be in the process of having a mayor who describes himself as crypto-compatible? Case to follow!

Florent CFlorent C

Author

A 46-year-old father who fell into the crypto bath in 2017, I am passionate about blockchain, disruptive, free and decentralized technology. I particularly like to learn, understand and explain all the projects that will ultimately improve our daily lives. I also enjoy commenting on the news of all the cryptogam players.

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