The new tool will allow investors to receive fixed income, as well as benefit from the increase in the cost of the first cryptocurrency. The corresponding idea was recently proposed by the Institute of Bitcoin Policy (Bitcoin Policy Institute, BPI).
Bitbond will be a treasury bond provided by bitcoin. According to BPI analysts, such bonds will be able to reduce interest rates on US government bonds and even solve the country’s wider fiscal problems, including the need to refinance trillions of dollars of national debt.
“For the first time in the history of New York, we will get a financial instrument designed specifically for bitcoins. We need a bitbond, and I am going to promote this idea and fight for the appearance of this tool in New York so that everyone can invest in BitBond, ”said Eric Adams at the Bitcoin 2025 conference in Las Vegas.
Also, during the conference, Adams emphasized that he wants to reduce regulatory pressure on the cryptocurrency industry in New York, including the need to receive the Bitlicense license, since its requirements are too strict.
Last week, Adams launched a special advice on cryptocurrencies, which will support the New York administration in matters related to digital assets.
Source: Bits
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