NYC Mayor Eric Adams Doubles Down on Crypto—Launches Advisory Council to Court Blockchain Biz

BTCC / BTCC Square / CoindeskEN /

Author:

Release Time:

2025-05-20 19:38:59

NYC Mayor Eric Adams Creating Crypto Advisory Council

New York City is rolling out the red carpet for crypto—again. Mayor Eric Adams, a known Bitcoin booster, is assembling a ’Crypto Advisory Council’ to guide policy and (presumably) lure blockchain firms away from Miami and Singapore.

Why it matters: After his early paycheck-to-BTC stunts, Adams is institutionalizing his pro-crypto stance. The move signals NYC’s intent to compete in the ’digital asset hub’ arms race—despite regulators playing whack-a-mole with the industry.

The cynical take: Nothing solves a budget deficit like courting speculative capital. If the council’s first recommendation isn’t ’accept tax payments in USDC,’ we riot.

By:

Log in to Reply

Apollo’s Tokenized Credit Fund Charges Into Solana DeFi—Wall Street’s Latest ‘Innovation’ Is Just Copying Crypto Again

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.