According to BlockBeats, on October 15th, The Block reported that New York City Mayor Eric Adams signed an executive order establishing the nation's first mayoral-level Office of Digital Assets and Blockchain. The new office will encourage the responsible use of digital assets and blockchain technology and will be led by Moises Rendon, who has worked in the digital asset sector in New York City for over a year.
The office is dedicated to coordinating collaboration between the cryptocurrency industry and the government, working with federal and state governments to promote policies and attract compliant and value-creating blockchain and cryptocurrency projects. It will also focus on attracting talent to ensure New York City remains competitive in financial innovation. Adams, who supported cryptocurrencies during his tenure, received his salary in Bitcoin and hosted cryptocurrency summits, announced his withdrawal from the race last month due to campaign funding issues.
