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NYC Mayor Launches Crypto Council to Elevate Fintech Hub

  • NYC Mayor Eric Adams announced the creation of a Digital Asset Advisory Council during the NYC Crypto Summit to enhance fintech and blockchain in public services.
  • The council aims to position New York as a global leader in utilizing Bitcoin and blockchain technology to drive innovation, attract investments, and optimize public services.
  • The initiative will leverage blockchain to streamline access to public records, encourage fintech companies to establish a presence in the city, and work towards economic growth through digital innovation.
  • The council will focus on practical applications of blockchain technology to bolster New York's competitiveness in the expanding crypto industry as the city aims to become a leading financial innovation hub.

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