New York Launches Crypto Council to Drive Fintech Growth
Mayor Eric Adams is positioning New York as a global leader in digital finance with the formation of the Digital Assets Advisory Council. Announced during a summit at Gracie Mansion, the initiative aims to attract blockchain startups, create jobs, and modernize public services through fintech innovation.
The council will guide the city’s strategic adoption of blockchain technology, emphasizing economic growth rather than speculative hype. Adams’ administration seeks to transform New York into a hub for serious crypto development, focusing on infrastructure and regulatory clarity to support businesses.