NYC Mayor Announces City’s First Crypto Summit

New York City Mayor Eric Adams unveiled plans for the city’s inaugural crypto summit, set to take place at Gracie Mansion next week. The announcement, made during a Monday press conference, underscores Adams’ ambition to position NYC as the global hub for cryptocurrency innovation.

"We’re in the midst of nothing short of a technological revolution—the age of tokenization," Adams declared, citing crypto, blockchain, and fintech as driving forces. The mayor extended an open invitation to tech firms and crypto enterprises, emphasizing the city’s commitment to fostering industry growth.

While specifics remain under wraps until post-summit, Adams’ message was unequivocal: "If you’re into crypto, blockchain, Web3, or fintech, New York City is open for business." The event signals accelerating institutional recognition of digital assets’ transformative potential.