New York City Mayor Eric Adams reiterated his ambition to establish the city as the "crypto capital of the globe" during the announcement of the upcoming Crypto Summit scheduled for May 20 at Gracie Mansion. He emphasized his early support for cryptocurrency, highlighting his unique position as a mayor who converted his paychecks to crypto in 2022. CTO Matt Fraser and industry leaders discussed the broader implications of blockchain beyond finance, aiming to enhance access to public records. Adams also stressed the importance of balanced regulation to foster industry growth.
"My goal remains the same as it was on day one as mayor, making New York City the crypto capital of the globe. And as you remember, I supported crypto long before any of my mayoral peers."
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