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Thursday, December 1, 2022

Bill Ackman Calls on New York to Remove Crypto Barriers

(Bloomberg) — Bill Ackman on Wednesday called on New York officials to remove barriers in an effort to facilitate crypto innovation in the state. 

“Lets fix this right away,” the billionaire founder of Pershing Square Capital Management said in a tweet reply directed to Governor Kathy Hochul and New York City Mayor Eric Adams. He was responding to a Twitter user who complained that New York residency was making it hard to open accounts with major crypto exchanges.

“We can’t lose any more New Yorkers,” Ackman wrote. He appears to have deleted an earlier tweet in which he said crypto innovation in the state should be a “top priority.” 

Read More: Crypto Dreams of New York’s Next Mayor Face Reality Check

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