NYC Launches Crypto Advisory Council to Position City as Global Digital Asset Hub
New York City Mayor Eric Adams unveiled plans for a cryptocurrency advisory council during the city’s inaugural Crypto and Digital Assets Summit at Gracie Mansion. The initiative aims to attract fintech jobs and establish NYC as the world’s preeminent blockchain hub.
The council will comprise industry experts, with a chairperson to be named in coming weeks. "We’re taking the next step in becoming the crypto Capital of the World," Adams declared, emphasizing the city’s readiness to embrace blockchain innovation. The move signals growing institutional acceptance of digital assets within traditional financial centers.