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Jersey City Mayor: Jersey City will allocate 1% of its retirement fund to purchase bitcoin ETF.
Mayor Steven Fulop of Jersey City, USA, announced that the city will allocate a certain percentage of the retirement fund to purchase cryptos. He stated on social media X that he supports cryptos in the long term, regardless of market fluctuations, and believes that blockchain technology is one of the most important technological innovations since the advent of the internet.
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