TechFlow news, May 29 — According to The Block, New York City Mayor Eric Adams announced at the Bitcoin 2025 conference that he will push for the issuance of Bitcoin bonds (BitBond) in New York City. This innovative financial instrument would allow investors to receive both fixed income and gains from Bitcoin appreciation.
Adams stated that this would be the first financial product in New York City's history specifically designed for Bitcoin holders. Previously, the cryptocurrency think tank Bitcoin Policy Institute proposed the concept of Bitcoin bonds, arguing that they could help implement strategic reserves and reduce the interest burden of U.S. Treasury debt.
In addition, Adams expressed his desire to loosen Bitcoin regulation in New York City and called for the elimination of the controversial BitLicense regime to promote free circulation of Bitcoin in the city.
