In brief
- Eric Adams announced a new digital assets advisory council for New York City.
- Council chair and key policy recommendations will come in a few weeks.
- The city will explore using blockchain and crypto for birth certificates, death records, and payment of city services.
In opening remarks at the inaugural NYC Crypto Summit, mayor Eric Adams announced the development of a digital assets advisory council designed to help bring jobs and investment to New York City, as it aims to cement itself as the world’s “crypto capital.”
Adams, who famously received his first three paychecks in Bitcoin and Ethereum back in 2022, addressed a standing-room-only crowd of crypto enthusiasts and investors whom he turned to for ideas on how to propel New York forward.
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Author: Logan Hitchcock
