New York launches Digital Assets Council to attract companies in the sector

The Mayor’s Office of New York presented a new initiative to boost the Ecosystem of Digital Assets and Financial Technologies in the city.

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• A Digital Assets Advisory Council will be created with sector leaders
• Mayor Eric Adams highlighted local technological talent
• The city is studying blockchain for vital documents

New York City has taken a new step to position itself as a technological and financial capital of the future.

In an event held on Tuesday, Mayor Eric Adams announced the creation of a Digital Assets Advisory Council. THE OBJECTIVE: Attract Fintech jobs and consolidate the city as an epicenter of innovation Blockchain In the United States.

“We want to use tomorrow’s technology to better serve New Yorkers today,” Adams declared during his inaugural speech, underlining the capacity of local talent to lead this transformation, according to detail COINDESK.

A talent advice of the industry

The new advice It will be composed of experts from the digital asset sector, including startup representatives, reputed companies and family investment offices. Although it has not yet been announced who will preside over the Council, the designation is expected to occur in the coming weeks.

During the event, which included a press conference and private round tables, opportunities and challenges of implementing disruptive technologies in public administration and economic development were addressed.

Richard Hecker, executive of the logistics firm TRACTION AND SCALE –One of the organizers of the event – said that the participation was diverse and included key actors of the entrepreneurial ecosystem of the city.

Technology Blockchain At the service of the citizen

Beyond the business approach, the Adams administration also announced a specific initiative to improve access to vital documents. As explained by the mayor himself, The use of Blockchain To store and facilitate access to birth and death certificates.

This measure seeks to solve a common problem in many families: the difficulty of rapidly obtaining essential documentation after the death of a loved one. Through a safe and immutable record, it is intended to reduce bureaucracy and expedite administrative processes.

Although the project is still in an exploratory stage, it marks a clear sign of the city’s commitment to innovation applied to public service.

Return of talent and optimism in the sector

Andrew Durgee, executive co -director of Republic, He stressed that his firm – despite the regulatory challenges – has decided to maintain its operations in New York, unlike others that have chosen to relocate abroad.

“For the first time in 15 years, we are on stage where we don’t know exactly how the future will look”Durgee said. “But now we see many brilliant people returning to the United States, looking for where to land. New York can be that place.”

This statement reflects a broader trend: as the legal panorama of digital assets in the US begins to be defined, many companies are considering returning to the country if they find a favorable regulatory and economic environment.

Since the beginning of his mandate, Eric Adams has been a vocal defender of cryptocurrency potential and technology Blockchain. He even received his first salary as mayor in Bitcoin, As a symbolic gesture of its support for this industry.

With this new initiative, Adams reaffirms its vision of making New York a global reference center in digital innovation. By summoning an advisory council with ecosystem actors, its administration seeks not only to attract jobs and investment, but also to create public policies that accompany the ethical and sustainable development of these technologies.

The road is still uncertain, but with this strategic commitment, New York City is positioned again as a pioneer in a new digital era.

Article written by a content editor. Edited by Angel Di Matteo / Diariobitcoin

Original image of Diariobitcoin, created with artificial intelligence, for free use, licensed under public domain.

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