New York City Aims to Become Global Crypto Hub Under Mayor Adams’ Leadership

New York City Mayor Eric Adams has reaffirmed his commitment to position the city as the world’s leading cryptocurrency capital. The announcement comes ahead of next week’s NYC crypto summit, signaling intensified municipal efforts to foster digital asset adoption.

Adams, an early crypto adopter among U.S. mayors, made his ambitions clear during a press briefing with the city’s Chief Technology Officer. "My goal remains making New York City the crypto capital of the globe," Adams stated, recalling his symbolic conversion of his first three mayoral paychecks to cryptocurrency.

The MOVE reflects growing competition among cities and states to establish crypto-friendly policies as digital assets gain prominence in national economic discussions. New York’s initiative could potentially influence broader institutional adoption across traditional finance sectors.