New York City is hosting a powerful cryptocurrency summit to attract investors with $1 trillion in assets and solidify its position as a global leader in digital financial innovation.
On April 23, Mayor Eric Adams and Chief Technology Officer Matthew Fraser will host 'New York City's first crypto summit,' marking a significant step in the city's strategy to lead in digital finance. Scheduled for May 20, the event will bring together prominent figures from the cryptocurrency, blockchain, and fintech sectors.
This initiative reflects Adams' ongoing effort to establish New York City as a global hub for emerging technologies. The list of attendees has not been disclosed.
The mayor of New York City famously converted his first three paychecks into $BTC and $ETH in 2022. At that time, he declared, 'New York is the center of the world, and we want it to be the center of cryptocurrency and other financial innovations.'
The upcoming New York City summit reflects the growing national emphasis on digital assets, following the White House Digital Assets Summit in March.
