Billionaire investor pitches for a friendly environment to prevent crypto entrepreneurs from leaving New York

New York City elected bitcoin enthusiast Eric Adam as its Mayor in November last year. And, he famously received his first paycheck in BTC. But that doesn’t settle the debate if New York is indeed a bitcoin-friendly state.

Billionaire investor Bill Ackman urged on Wednesday Governor Kathy Hochul and Mayor Eric Adams to remove barriers in the way of New York becoming a crypto center of innovation.

Bill Ackman’s tweet came as a reply to a complaint suggesting that the person was not able to open an account with a crypto exchange for being a New York resident. Then, he threatened he might move to Connecticut for this reason.

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