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New York City Launches Nation’s First-Ever Office for Crypto Assets
New York City Launches Nation’s First-Ever Office for Crypto Assets
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BTCCSquare news:
New York City Mayor Eric Adams has signed an executive order establishing the Office of Digital Assets and Blockchain, marking the first such dedicated government entity in the U.S. The MOVE signals growing institutional recognition of cryptocurrency's role in modern finance.
This initiative positions New York at the forefront of municipal crypto policy, potentially creating a regulatory blueprint for other cities. The office will likely focus on fostering innovation while ensuring consumer protections in the digital asset space.
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