NYC Compotroller Brad Lander rejects Bitbond proposal from Mayor Adams-legal and financial defects denounced

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NYC Controller Brad Lander lehnt Bitbond-Vorschlag von Bürgermeister Adams ab Der Comptroller von New York City, Brad Lander, hat den Vorschlag von Bürgermeister Eric Adams bezüglich der Einführung von Bitcoin-unterstützten Anleihen, auch bekannt als Bitbond, abgelehnt. Lander bezeichnete die vorgeschlagenen Anleihen als sowohl rechtlich als auch finanziell fehlerhaft. Die Kontroversen um die Bitbond-Vorstellung heizen die …
NYC Controller Brad Lander rejects Bitbond proposal from Mayor Adams from the compatroller of New York City, Brad Lander, has rejected the proposal of Mayor Eric Adams regarding the introduction of Bitcoin-supported bonds, also known as Bitbond. Lander described the proposed bonds as both legally and financially incorrect. The controversy around the Bitbond performance heat the ... (Symbolbild/KNAT)

NYC Controller Brad Lander rejects Bitbond proposal from Mayor Adams from

The Compotroller of New York City, Brad Lander, rejected Mayor Eric Adam's proposal regarding the introduction of Bitcoin-supported bonds, also known as Bitbond. Lander described the proposed bonds as both legally and financially incorrect.

The controversy around the Bitbond performance heat the debate about the use of cryptocurrencies and their integration into traditional financial systems. Lander expressed concerns about the security and stability of the Bitcoin-supported bonds, which caused him to reject the proposal.

The advance of Mayor Adams, who wanted to rely on a possible financial growth and innovative financing approaches, is now criticized and raises questions about the city's future financial policy.

This incident illustrates the challenges and risks associated with the use of cryptocurrencies in municipal financial administration. Lander emphasizes the need to make financially responsible decisions for the well -being of the city and its citizens.