Fiscally Flawed | Crypto

New York City Comptroller Brad Lander has firmly rejected Mayor Eric Adams’s Bitbond plan, calling Bitcoin-backed municipal bonds legally dubious and fiscally unsound. He says crypto volatility could erode investor trust, and federal tax rules bar such debt from funding local projects. The post NYC Comptroller Rejects Mayor Adams’s “Bitbond” Proposal as Legally and Fiscally Flawed appeared first on Cryptonews.