$BTC New York City Mayor Eric Adams is indeed working towards making the city a hub for cryptocurrency and blockchain innovation. His goal is to position New York City as the "crypto capital of the globe" by fostering a friendly environment for crypto companies and promoting blockchain technology.

Some key initiatives include!

- *NYC Crypto Summit*: Scheduled for May 20 at Gracie Mansion, this summit aims to bring together industry leaders, regulators and innovators to discuss the future of digital assets and blockchain technology.

- *Friendly Regulations*: Mayor Adams is advocating for balanced regulations that promote growth while ensuring safety and security. He believes over-regulation could hinder the industry's potential.

- *Bitcoin Reserve Bill*: Adams has proposed a Bitcoin Reserve Bill, similar to one in New Hampshire, to attract more blockchain companies to the city.

- *Financial Inclusion*: He emphasizes the potential of blockchain technology to benefit underbanked communities by providing greater access to financial services.

- *Partnerships*: Adams has appointed June Ou, co-founder of Figure Firm, and Richie Hecker, CEO of Traction and Scale, as crypto advisors to help drive the city's crypto agenda.