New York City Mayor Eric Adams establishes a cryptocurrency advisory committee

ChainCatcher news, New York City Mayor Eric Adams announced the establishment of a digital advisory board aimed at attracting cryptocurrency-related jobs and investments, making New York the "global cryptocurrency capital."

At the first cryptocurrency summit in New York City, Adams stated that the board will leverage future technologies to better serve New Yorkers and promote innovation in blockchain and fintech. He also mentioned that New York City will explore the use of cryptocurrency to pay for certain services and taxes, as well as utilizing blockchain technology to manage sensitive information such as birth and death records. In the coming weeks, Adams will announce the chair of the board and key policy recommendations.