The mayor of New York City Eric Adams says he will establish a digital advisory board to attract jobs and invest to Big Apple and put it as “the world of encryption in the world.”
“This is not related to chasing memes or trends,” Adams He said New York City Equipment Summit on May 20. “We want to use tomorrow’s technology to best serve the New York residents today.”
He added: “We have experts here, and they will help us to move in solutions that serve our city.” “The era of the distinctive symbol, which includes encryption, Blockchain and other high -tech innovations, this age here, and we will continue to move with it.”
Adams did not share more details about the consulting group, but he said that the council president and the main policy recommendations will be followed in the next few weeks.
We take the next step to become Crypto Capitol of the World, we host the top of the first blankets and digital assets in our city! Join us on the air with our start: https://t.co/iwo6thkasb
Mayor Eric Adamayor (nycmayor) May 20, 2025
On May 12, Adams announced the financial services company and private stock companies, it will be traction Helping the city to encrypt it efforts.
New York City will also explore whether some services and taxes can be paid through Crypto, according to Adams, along with use Blockchain Tech To manage sensitive information such as Birth certificates and death records.
Adams said: “Bringing Blockchain’s security capabilities to the city means that birth certificates and death records can remain private, but they are within the reach of New York residents and their relatives.”
He added: “We want to bring jobs in the future to our city today. This means supporting the development of a more diverse, fair and comprehensive ecosystem.
Suggested encryption legislation in New York
New York legislators have already provided several bills to regulate encryption. In April, the association member Clyde Vanil submitted a bill to amend the state’s financial law Allow New York State agencies to accept encryption As a payment.
However, the legislation was not so It arrives The full parliament of the state or the Senate.
New York State, James Sanders Junior, proposed the Blockchain study law in February Establish an encryption workplace To investigate the current situation of encryption in the country. Not yet Progress The past house.
Related to: Wintermute opens the New York office, citing the improved American encryption rules
Adams made digital assets a large part of his policy platform after taking office in January 2022 and announced a Plan to accept his first three salaries In Bitcoin (BTC).
He was Accusation On illegal donations from the Turkish government, but the Ministry of Justice officials intervened and Local authorities directed To intervene. The case was rejected with bias on April 2, which means it cannot be reopened.
An increasing number of US states also works on encryption legislation, with at least 18 bills to create a bitcoin strategic reserve. Two states, New Hampshire and Arizona, succeeded in approveing the legislation, According to To monitor Bitcoin reserves.
magazine: Crypto City: Guide to New York
