New York City Mayor Eric Adams announced a Crypto Assets collaboration plan, stating that New York is "open to crypto businesses."

GateUser-6433627c · 2025-05-13T02:34:54+00:00

New York City Mayor Eric Adams announced a partnership with a financial firm to promote an encryption initiative, emphasizing the long-term value of digital assets and opening the city to crypto businesses. June Ou and Richie Hecker will assist in advancing the use of digital assets to serve economic development. Adams stated that the focus is on the long-term value of technology for the city and its residents, rather than chasing trends. New York City is open to those engaged in crypto, Blockchain, Web3, or fintech.

GateUser-6433627c

2025-05-13 02:34:54

Abstract generation in progress

[New York City Mayor Eric Adams announces cryptocurrency cooperation plan, says New York “is open to crypto companies”] New York City Mayor Eric Adams announced at a press conference on May 12 that the city will partner with financial companies as part of its crypto plan. He stated that Figure founder June Ou and Traction and Scale CEO Richie Hecker will assist the city in advancing “economic development opportunities that use digital assets to serve the public.” Adams emphasized, “What we are focused on is the long-term value of these technologies to the city and its residents, not chasing memes or trends.” He reiterated, “If you are involved in crypto, Blockchain, Web3, or fintech, New York City is open to you.”

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