New York City Mayor Eric Adams announced a new initiative to bolster the city’s fintech sector with the formation of a digital asset advisory board. Aiming to create jobs and capitalize on emerging technologies, the board will be composed of industry leaders. The chair will be named soon. 💰 🏙️ Mayor Adams highlighted that this program seeks to integrate cutting-edge advancements into New York City’s services, improving residents’ lives in the present. Moreover, the city plans to explore blockchain technology for vital record keeping, including birth and death records, providing easier access for loved ones of New Yorkers. The summit featured representatives from family offices and unicorn startups, showcasing NYC’s vibrant fintech landscape. 🤝 Andrew Durgee, co-CEO of Republic, underscored the company’s commitment to New York despite some industry players leaving the US due to regulatory obstacles.