Odaily Planet Daily News New York City Mayor Eric Adams announced that New York City will work with financial companies to advance cryptocurrency-related programs. June Ou, founder of financial services company Figure, and Richie Hecker, CEO of private equity firm Traction and Scale, will serve as consultants to help promote the city's development in the field of digital assets.
Adams said that New York City is focused on the long-term value of these technologies rather than chasing trends. He also emphasized that New York City welcomes companies in the fields of cryptocurrency, blockchain, Web3 or fintech to do business.
Since taking office in 2022, Adams has included digital assets in his policy platform and announced that he would accept Bitcoin for salary payments. He also announced in April that New York City will host a crypto summit on May 20. (Cointelegraph)