NYC Mayor Adams Takes Aim at Crypto Leadership with New Summit

New York City Mayor Eric Adams is doubling down on his ambition to make the city the global capital of cryptocurrency. Ahead of the inaugural Crypto Summit at Gracie Mansion, he’s positioning NYC as a leading force in blockchain technology, attracting industry leaders and policymakers alike. The mayor aims to foster a regulatory environment conducive to crypto businesses, potentially bypassing existing hurdles like the BitLicense.