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