{"id":176366,"date":"2021-02-12T05:02:29","date_gmt":"2021-02-12T02:02:29","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/andrew-yang-says-hell-transform-nyc-into-a-bitcoin-hub-if-elected-mayor\/"},"modified":"2021-02-12T05:02:29","modified_gmt":"2021-02-12T02:02:29","slug":"andrew-yang-says-hell-transform-nyc-into-a-bitcoin-hub-if-elected-mayor","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/andrew-yang-says-hell-transform-nyc-into-a-bitcoin-hub-if-elected-mayor\/","title":{"rendered":"# Andrew Yang says he’ll transform NYC into a Bitcoin hub if elected mayor"},"content":{"rendered":"

“# Andrew Yang says he’ll transform NYC into a Bitcoin hub if elected mayor <\/strong>”
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Andrew Yang, the Democratic Party front-runner<\/a> in the race to be New York\u2019s next mayor said he would transform New York City into \u201ca hub for BTC and other cryptocurrencies\u201d noting the city to be \u201cthe world\u2019s financial capital.\u201d<\/p>\n

The former presidential candidate made the comment in a tweet<\/a> earlier today which drew a flurry of mixed reactions<\/a>, with some proclaiming it to be a campaign-selling maneuver and others equating it to political suicide. <\/p>\n

The most unifying reaction, however, was the demand that Yang use his powers, if elected, to end the BitLicense, enacted by the New York Department of Financial Services. Meltem Demirors, CSO of digital assets management company CoinShares, suggested Yang would need to deal with bo high state taxes and the Bitlicense to make his plan a reality.<\/p>\n

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no one wants to pay NYC’s absurd taxes + the tax of the NYDFS bitlicense<\/p>\n

unless there’s a plan to cut the city budget drastically, i don’t see how any crypto company wants to operate in an environment with high income, corporate, and real estate taxes + sales tax on top https:\/\/t.co\/f7VGB7fyh2<\/a><\/p>\n

\u2014 Meltem Demirors (@Melt_Dem) February 11, 2021<\/a><\/p><\/blockquote>\n