0.5 C
New York
Friday, January 23, 2026

NYC Mayor Establishes ‘Nation’s-First’ Crypto-Centric Workplace Forward of His Exit

Must read

Professional-Bitcoin Mayor of New York Metropolis Eric Adams has established the “nation’s first-ever” municipal workplace for crypto and blockchain. The Mayor signed an govt order on Tuesday, strengthening the Metropolis’s bid to change into the worldwide crypto capital.

The brand new Workplace of Digital Belongings and Blockchain goals to advertise “accountable innovation” and alignment throughout stakeholders.

Mayor Adams has appointed crypto coverage skilled Moises Rendon to guide the workplace as govt director.

“Mayor Adams’ creation of this new workplace proves that the long run is now for digital belongings and blockchain in New York Metropolis,” mentioned Rendon.

We're embracing the applied sciences of tomorrow, at present!
With our new Workplace of Digital Belongings and Blockchain, we'll be capable of develop our economic system and entice world-class expertise via cryptocurrency and blockchain tech:https://t.co/7yIrfdLPZN

— NYC Mayor's Workplace (@NYCMayorsOffice) October 14, 2025

Digital Belongings Workplace to Strengthen Metropolis’s Position in Crypto

The municipal workplace for crypto will develop methods to strengthen the town’s function as a hub for the business, per an official assertion from the NYC Mayor’s workplace. In addition to, it’s going to consider new digital belongings and develop initiatives that educate the general public.

Additional, the institution will coordinate efforts throughout businesses to make sure alignment of insurance policies, companies, and digital asset initiatives

“The age of digital belongings is right here, and with it comes the possibility to develop our economic system, entice world-class expertise, increase alternatives for underbanked communities, and make authorities extra user-friendly,” mentioned Mayor Adams.

Mayor Adams has embraced crypto manner earlier than America’s present pro-crypto outlook. He acquired his first three mayoral paychecks – value $30,000 roughly on the time – in Bitcoin (BTC) and Ether (ETH) in January 2022. Later the identical yr, the mayor mentioned he nonetheless held the 2 in style cryptos, regardless of excessive market turbulence.

The crypto paycheck stunt earned him the title ‘Bitcoin Mayor.’

‘Professional-Crypto’ Mayor Adams Ends Reelection Capaign – Who’s Subsequent?

Final month, Mayor Adams ended his reelection marketing campaign, citing monetary struggles.

Zohran Mamdani, who gained the New York mayoral main election on June 24, will face off towards different candidates, together with former governor Andrew Cuomo, in November. Mamdani, the frontrunner within the race, has largely remained silent on crypto.

In June, Tyler Winklevoss known as New York Metropolis a “damaged kleptocracy.” Concerning Mamdani’s surging recognition within the mayoral election, he mentioned, “It seems issues must worsen in NYC earlier than they get higher.”

The publish NYC Mayor Establishes ‘Nation’s-First’ Crypto-Centric Workplace Forward of His Exit appeared first on Cryptonews.

More articles

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 comments
Oldest
New Most Voted
Inline Feedbacks
View all comments

Latest News