Core Viewpoint - The New York City Comptroller Brad Lander has expressed strong opposition to Mayor Eric Adams' proposal to issue Bitcoin-backed municipal bonds, stating that the volatility of cryptocurrencies is insufficient to fund the city's infrastructure, affordable housing, or schools [1] Summary by Relevant Categories Municipal Bonds - Lander, who co-manages the bond issuance with the Mayor's Office of Management and Budget, declared that during his tenure, the city will not issue Bitcoin-backed bonds [1] Cryptocurrency Concerns - Lander emphasized that opening the city's capital planning to cryptocurrencies could expose the city to new risks and undermine bondholders' trust in the city [1]