Mayor Eric Adams of New York City has announced plans to form a digital advisory board that would guide the city’s digital asset strategy.
Speaking at the New York City Crypto Summit on May 20, Adams said It has the potential to attract investments, create jobs and to cement the position of New York as a global center for blockchain innovation.
“We want to use tomorrow’s technology to better serve New Yorkers today,” Adams said during his speech, adding that the Council would help position New York as the “Crypto Capital of the Globe.”
The advisory body will consist of experts from the industry responsible for identifying usage scenarios that serve the public interest. Although the full details of the council are still being processed, Adams confirmed that a chairman would be appointed and that the most important policy recommendations are expected in the coming weeks.
Adams revealed that New York City Blockchain use is investigating in administrative functions, including managing sensitive records such as birth and death certificates.
“Bringing blockchain protection options to the city means that birth certificates and death records can remain accessible in private,” he noticed.
He also added that the city is evaluating or selected services and taxes can be paid in cryptocurrency, as part of a broader initiative to modernize the financial infrastructure. Financial figure of financial services, together with the traction and scale of private equity groups, are already supportive The Crypto Route Card of the city.
Since he took office in January 2022, Adams Cryptocurrency has made an important part of his policy agenda. He is known for turning his first three mayor of Bitcoin as a symbolic gesture of support.
That vision is increasingly being reflected in the level of the state with top officials in New York who insist on a pro-Crypto environment.
In April, for example, assembly member Clyde Vanel re -introduced a bill to give permission to enable New York Agencies to accept cryptocurrency for fines, taxes and other obligations. Vanel also advocated studying the role of blockchain in securing election systems and protecting voter data. If adopted, his account would require that the state administration of elections will deliver findings within a year.
Separately, State Senator James Sanders Jr. A dedicated task force proposed to assess how crypto and blockchain can reform the New York economy.
The momentum is not limited to the Empire State. In the US, at least 18 states are actively investigating legislation to set up a strategic Bitcoin reserve. Earlier this month, New Hampshire became the first state to authorize his treasurer to invest public funds in Bitcoin.
