Topic: Will New York become a Bitcoin hub - page 3. (Read 349 times)
This is good, but does crypto really need crypto hubs? The point of crypto is that it is global, people from around the world can interact with it. Are there any benefits to having offices of your crypto business, for example an exchange, in NYC instead of some other American city that might have lower taxes and less regulations?
I mean New York is still the major hub for financial transactions. So many different currencies are traded on Wall Street that it makes a lot of sense if crypto currencies would be traded there too. Asia might try to push other cities but it is likely not going to be enough. Also now with brexit Europe is divided, so London is going to lose influence in the long run.
I think that Yang will be a popular candidate among the young and millennial people that can vote, it is worth mentioning that the city is the most diverse city in USA but that also comes with a price which is racism. And if Yang were to ever win, I think that given the reputation of New York, his plan to make NY a hub for cryptocurrency will be a big success, many people there need money because they have the most expensive real estate there is.
Businessman and contender for the post of mayor of New York Andrew Young said that if he wins the election, he will turn the city into a hub for bitcoin and other cryptocurrencies.
Binance CEO Changpeng Zhao offered to help, and science journalist Erin Biba criticized the businessman's plans.
One of the users posted an ironic comment. According to him, the transformation of New York into a bitcoin hub is what the average resident of the city needs "with a sharp increase in rents and a crumbling infrastructure"
CoinShares Development Director Meltem Demirors noted that to implement the plan, Young will have to deal with high taxes and BitLicense one of the strictest sets of rules at the state level
Earlier, the US presidential candidate from the Democratic Party, Andrew Young, proposed a specific policy on cryptocurrencies and stated his position on the issue of regulating the cryptocurrency industry. So, in his opinion, the United States needs clear guidelines in the field of digital assets that will allow businesses and individual entrepreneurs to invest without looking at the regulator.
What are these political statements to attract votes during the election campaign or a trend that is gaining popularity if we take into account the earlier statements of the mayor of Miami about the wider use of bitcoin
Binance CEO Changpeng Zhao offered to help, and science journalist Erin Biba criticized the businessman's plans.
One of the users posted an ironic comment. According to him, the transformation of New York into a bitcoin hub is what the average resident of the city needs "with a sharp increase in rents and a crumbling infrastructure"
CoinShares Development Director Meltem Demirors noted that to implement the plan, Young will have to deal with high taxes and BitLicense one of the strictest sets of rules at the state level
Earlier, the US presidential candidate from the Democratic Party, Andrew Young, proposed a specific policy on cryptocurrencies and stated his position on the issue of regulating the cryptocurrency industry. So, in his opinion, the United States needs clear guidelines in the field of digital assets that will allow businesses and individual entrepreneurs to invest without looking at the regulator.
What are these political statements to attract votes during the election campaign or a trend that is gaining popularity if we take into account the earlier statements of the mayor of Miami about the wider use of bitcoin
Jump to: