New York City Mayor Eric Adams reminded during a press conference on May 12, 2025, about his goal to make the city a 'global crypto capital.' According to him, New York is ready to compete with Silicon Valley by attracting crypto companies and investors. Adams announced the city's first Crypto Summit, which will take place on May 20, where issues of regulation and innovation in the blockchain space will be discussed. He also emphasized the potential of technology for financial inclusion.
The mayor emphasized that at the beginning of his term in 2022, he supported cryptocurrencies, notably converting his first three salaries into bitcoins. Adams urged companies in the industry to actively operate in New York, promising favorable conditions. This initiative has already sparked lively discussions among the community, as the city aims to become a global hub for digital finance.
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