New York City Launches First-Ever Digital Assets Office to Position Itself as Crypto Hub

In a historic move, New York City Mayor Eric Adams has established the first-ever mayoral agency dedicated solely to digital assets and blockchain innovation. This initiative, known as the NYC Digital Assets and Blockchain office, aims to solidify the city’s position as a global leader in financial technology. The office will coordinate between industry and government stakeholders to foster responsible blockchain use, attract talent and investment, and make New York City a hub for digital asset-related initiatives.