According to Bloomberg, New York City Auditor General Brad Lander opposes Mayor Eric Adams' Bitbond program, stating that the proposal is "legally questionable and financially irresponsible," and emphasizing that cryptocurrency assets do not have the stability required to fund urban infrastructure, affordable housing, or school projects. He pointed out that according to US tax law, municipal bonds cannot be used to purchase cryptocurrencies or obtain investment returns beyond federal subsidy financing costs, and New York City lacks a mechanism for using non US dollar currencies to pay for public projects. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=43279