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New York Mayor-elect Eric Adams said schools should teach about cryptocurrency and its technology, as he vows to build a crypto-friendly city when he takes office in January.

Bitcoin means a “new way of paying for goods and services throughout the entire globe,” he said. “And that’s what we must do – open our schools to teach the technology and teach this new way of thinking.”

Asked if he would encourage New York City businesses to accept Bitcoin or other cryptocurrency, the 61-year-old Democrat said, “We are going to look at it, and we are going to tread carefully. We are going to get it right.”

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