New York City Mayor Receives First BTC and ETH Salary

New York City Mayor Eric Adams has made good on his previous promise to receive his first cryptocurrency salary through an automatic exchange, Golden Finance reports. Adams’ salary was exchanged for BTC and ETH through Coinbase, according to a statement from the mayor’s office on Thursday. Earlier news, the newly elected mayor of New York City said that he will accept the first three months of salary in the form of bitcoin. (The Block)