Crypto Council Launched by NYC Mayor

New York City Launches Crypto Advisory Council

• Mayor Eric Adams announced the creation of a Digital Assets Advisory Council at a summit in Gracie Mansion.
• The council aims to support New York City’s fintech sector growth and maintain its global innovation leadership.
• Experts from the digital assets sector will be included, with a chairperson to be named soon.
• The council will explore blockchain applications in public recordkeeping, such as birth and death certificates.
• The initiative seeks to create jobs and attract tech startups and established firms to New York City.

Mayor Eric Adams introduced the Digital Assets Advisory Council to enhance New York City’s fintech industry, focusing on blockchain technology for public services and economic development.