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NYC Mayor Eric Adams launches crypto advisory council

cryptoweekly by cryptoweekly
May 21, 2025
in bitcoin, News
0

Eric Adams told a crypto conference that he wants to make New York City the “crypto capital of the globe” and will make policy recommendations in the coming weeks.

New York City Mayor Eric Adams says he will create a digital advisory council to attract jobs and investment to the Big Apple and position it as the “crypto capital of the globe.”

“This is not about chasing memes or trends,” Adams told the inaugural New York City Crypto Summit on May 20. “We want to use the technology of tomorrow to better serve New Yorkers today.”

“We have experts right here, and they are going to help us navigate solutions that serve our city,” he added. “The age of tokenization, which includes crypto and blockchain and other fintech innovations, that age is here, and we’re going to continue to move forward with it.”

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Recent Posts
  • XRP price consolidates for 200 days: Analysts predict where it’s going next
  • Chinese Bitcoin ASIC makers to begin US production amid tariff pressure
  • Circle dump: Cathie Wood’s Ark sells another $45M as shares tumble
  • What’s the GENIUS Act stablecoin bill that just passed the US Senate?
  • Bitcoin below $100K now ‘less likely’ as BTC price eyes liquidity at $106K
  • Europe’s first Bitcoin treasury firm buys another $20M BTC, now holds over $170M
  • China’s JD.com enters stablecoin race as US passes GENIUS Act

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