"I smell money, crypto, crypto, blockchain ... we embrace technology ... if the mayor of the greatest city is willing to talk about blockchain, Bitcoin ... it is going to compel people."
"The campaign's finance board's decision to withhold millions of dollars [has] undermined my ability to raise the funds needed for a serious campaign."
"This campaign was for the underserved, the marginalized, the abandoned, and betrayed by government. Since then, it has been my honor to be your mayor, and I'm proud to say that we took that victory four years ago and turned it into action, making this city better for those who have been failed by government."
"Despite all we've achieved, I cannot continue my reelection campaign."
Eric Adams ended his reelection campaign and announced the decision on X, saying he could not continue despite achievements. Adams said the campaign finance board's decision to withhold millions of dollars undermined his ability to raise the funds needed for a serious campaign. Adams embraced cryptocurrency during his tenure, accepting paychecks in Bitcoin and promoting New York as the crypto capital of the globe. He positioned crypto, blockchain, and tokenization as drivers of a new growth era, pledged to modernize government services, attract talent, and create opportunities for underbanked and marginalized communities.
Read at TheStreet Crypto: Bitcoin and cryptocurrency news, advice, analysis and more
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