New York Mayor-elect Adams says he will take his first three paychecks in bitcoin


FILE PHOTO: Democratic candidate for New York City Mayor Eric Adams reacts after being declared victor at his election night party in Brooklyn, New York, U.S. November 2, 2021. REUTERS/Andrew Kelly

(Reuters) -New York Mayor-elect Eric Adams said on Thursday he would take his first three paychecks in bitcoin and signaled his intention to make his city the "center of the cryptocurrency industry" after he takes office in January.

"In New York we always go big, so I’m going to take my first THREE paychecks in bitcoin when I become mayor," Adams wrote in a Twitter post. "NYC is going to be the center of the cryptocurrency industry and other fast-growing, innovative industries! Just wait!"

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