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Topic: NY Mayor Take First pay In Bitcoin via coinbase - page 2. (Read 212 times)

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As Bitcoin adoption keep increasing around the globe, with leaders of various countries adopting Bitcoin payment as a show of support to the fast-rising cryptocurrency industry in other to tap into its numerous advantages over the traditional financial system, some time ago I share the news of the new York mayor Eric Adam promising to take his 3 months salary via Bitcoin.
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Due to U.S. Department of Labor regulations, New York City cannot pay employees in cryptocurrency. By using a cryptocurrency exchange, anyone paid in U.S. dollars can have funds converted into cryptocurrency before funds are deposited into their account.
This thread is to confirm the action of the New York Mayor announcing the receiving of his first salary in Bitcoin despite the market fall the mayor stated that he received the salary via coinbase.
https://news.bitcoin.com/nyc-mayor-eric-adams-converts-first-paycheck-to-bitcoin-ether-coinbase/
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