With New York’s first crypto summit simply days away, Mayor Eric Adams is making it clear: town is positioning itself as a world epicenter for blockchain growth.
At a press briefing held at Gracie Mansion, Adams emphasised that New York’s method to digital belongings is rooted in long-term imaginative and prescient, not viral hype. He famous the transformational potential of blockchain in fixing real-world issues—particularly for marginalized communities locked out of conventional banking methods.
“We’re constructing one thing lasting,” Adams mentioned, pointing to blockchain’s capability to increase monetary inclusion in a metropolis the place too many residents nonetheless lack entry to primary monetary providers.
Chief Expertise Officer Matt Fraser joined Adams on the briefing and highlighted how blockchain may additionally improve metropolis infrastructure by making essential providers like entry to public information safer and equitable.
The upcoming summit on Could 20 is predicted to carry collectively entrepreneurs, coverage leaders, and builders, aiming to form a strategic roadmap for New York’s rising crypto sector. Adams described it as a possibility to domesticate collaboration and switch town right into a launchpad for the subsequent wave of fintech innovation.
Renewing his name for blockchain companies to make New York their dwelling, Adams mentioned, “This metropolis is open to daring concepts. When you’re constructing in Web3, we would like you right here.”
