The mayor of New York City, an outspoken supporter of cryptocurrencies, has revealed his ambition to make New York the crypto capital of the world and will release related policy recommendations within the next few weeks.
Eric Adams, Mayor of New York, announced that he plans to announce the "Employment Opportunity" at the first "New York City Cryptocurrency Summit" held on the 20th (local time).
"This is not just about following a meme or a trend," he said. "We are creating a digital advisory committee to help attract more people, businesses and investment to New York.
"We have the expertise here in New York, and they're the ones who are helping us.
"Together we will design solutions for cities," he said. "The tokenization era is here. This includes cryptocurrencies, blockchain, and other fintech innovations. We are
"We will continue this trend," he said. Mayor Adams did not reveal specifics about the composition of the advisory committee, but the appointment of a committee chair and key policy recommendations will be announced within the next few weeks.
On the 12th of last month, he announced that financial services company Figure, private fund management companies Traction and Scal
Mayor Adams also announced that New York City will be able to pay some service fees and taxes through cryptocurrencies.
The company said it is considering ways to do this and is also exploring how blockchain technology could be used to manage sensitive information such as birth and death records.
Currently, New York state lawmakers are also introducing a number of cryptocurrency regulation bills.
In April, New York State Assemblyman Clyde Vanel introduced a bill to amend financial laws to allow cryptocurrencies to be used as a form of payment for state government agencies.
The bill has yet to be tabled in the full House or Senate.
The bill aims to form a task force to study the current state of cryptocurrency in the state.
However, it has yet to pass the House of Representatives. Mayor Adams has made digital assets a key policy issue since taking office in January 2022, and has offered to pay his first three salaries in Bitcoin.
The government has declared that it will take
2025/05/21 14:23 KST
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