NYC Launches First U.S. Municipal Office Dedicated to Digital Assets and Blockchain
New York City has established the nation's first municipal office focused on digital assets and blockchain technology, signaling a strategic push to integrate cryptocurrency into public and private infrastructure. Mayor Eric Adams signed the executive order on October 14, creating the NYC Office of Digital Assets and Blockchain to coordinate policy and foster collaboration between city agencies and industry innovators.
The office will oversee blockchain policy development, support innovation, and ensure regulatory compliance. Moises Rendon has been appointed as executive director to lead these efforts, which include raising public awareness of digital asset risks and improving access for underbanked communities.
This MOVE formalizes New York's position at the forefront of cryptocurrency adoption among U.S. cities, with potential implications for blockchain projects across major networks like Ethereum, Solana, and Polygon.
