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2025-05-22 15:42:36

New York Launches Advisory Council on Cryptocurrencies

At the NYC Crypto Summit, New York City Mayor Eric Adams announced the creation of a Cryptocurrency Advisory Council to develop policies in the field of digital assets and blockchain.

 Tasks of the Council:

  •  Development of recommendations for authorities on crypto policy
  •  Finding the Use of Blockchain in City Data Management
  •  Promoting financial inclusion through digital solutions

 Adams:

"It's not about memes. It's about the technologies of tomorrow that we use today."

The initiative was supported by:

  •  New York City CTO Matthew Fraser
  •  Mayor's Blockchain Advisors: June Ou (Figure) and Richie Hecker (Traction and Scale)

 Goal: to turn New York into the "crypto capital of the world"

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