Miami and New York are among the first cities to receive their own CityCoins designed to benefit local citizens, but how do CityCoins work? Freehold CEO and CityCoins Community Lead Patrick Stanley breaks down the CityCoins program amid the rise of local city tokens.
The next mayor of New York City, Eric Adams, has expressed his support for CityCoins’ NYCcoin program. Could Adams’ endorsement see some more pro-crypto amendments to New York’s controversial 2015 BitLicense regulations? “No doubt, [Eric Adams] is trying to get BitLicense [regulations] lessened or removed,” CityCoins’ Patrick Stanley said.