NYC Mayor Eric Adams Forms Crypto Advisory Council to Cement City as Global Fintech Hub

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TheNewsCrypto 18h ago

NYC Mayor Eric Adams Forms Crypto Advisory Council to Cement City as Global Fintech Hub - TheNewsCrypto

Quick Summary:

New York City’s Mayor Eric Adams has doubled down on his pro-crypto stance, announcing the creation of a new Digital Assets Advisory Council aimed at transforming New York into the world’s “crypto capital.

The Adams administration is ready to explore ways to keep birth and death records, including certificates on a decentralised ledger.

In April, Assemblyman Clyde Vanel proposed a bill to allow state agencies to accept crypto as payment, though it hasn’t progressed to the full House or Senate.