New York City Mayor Eric Adams has announced the inaugural New York Crypto Summit, scheduled for May 20, 2025, at Gracie Mansion. The summit aims to establish New York as a global leader in cryptocurrency and blockchain innovation, emphasizing the long-term benefits of these technologies.

The event will bring together prominent industry figures to discuss regulatory frameworks that ensure investor protection while promoting growth. Mayor Adams intends to prioritize sustainable blockchain innovation, moving away from speculative trends.

The summit's focus highlights New York's commitment to fostering a business-friendly environment for fintech expansion and solidifying its position in the global blockchain ecosystem.

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