NYC Mayor doubles down on crypto push ahead of city summit

New York City Mayor Eric Adams announced partnerships between the city and financial firms as part of his crypto plans. In a May 12 press conference at Gracie Mansion, the the city’s official mayoral residence, Adams said June Ou, founder of financial services company Figure, and Richie Hecker, CEO of private equity firm Traction and Scale, would be assisting the city in its crypto efforts. He spoke of Ou and Hecker acting as advisers for New York City’s next steps in “economic development and opportunities to serve the public using digital assets. ” “We are focused on the long-term values of these technologies for our city and its people, not chasing memes or trends,” said Adams, adding:“If you’re in the crypto, blockchain, Web3 or the fintech space, New York City is open for business source: https://cointelegraph.com/news/eric-adams-nyc-meeting-crypto-push?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound