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New York City Mayor Hosts First Crypto Summit to Promote New York as a Global Encryption Hub
According to Gate.io News bot and reported by CoinDesk, New York City Mayor Eric Adams announced that the first Crypto Summit in New York will be held next week to explore collaboration opportunities between the city and the Crypto Assets industry. Adams extended an invitation to Crypto Assets companies, encouraging them to establish their businesses in New York.
Adams emphasized that he will be committed to attracting global talent, supporting financial inclusivity, and improving government services. At the same time, he pointed out that New York needs to strike a balance between regulation and industry growth, avoiding excessive regulation that could stifle the development of the crypto industry.