The New York City Comptroller opposes the Mayor's proposed Bitcoin bond plan and stated that he would not agree to its issuance during his tenure.
New York City Comptroller Brad Lander opposes Mayor Eric Adams' proposal to issue Bitcoin-backed municipal bonds, arguing that Crypto Assets are unstable and unsuitable for funding infrastructure and other public affairs. He stated that this could pose new risks to the city and undermine investor confidence. In the November mayoral election, Brad Lander is the successor to Eric Adams, who is currently running as an independent candidate.