On October 14, New York City Mayor Eric Adams announced the creation of the very first city office of its kind – a dedicated hub for digital assets and blockchain tech.

As he puts it himself, the new Digital Assets and Blockchain Office will help New York City become a frontrunner in financial innovation and even attract some top talent from around the world in the process.

Currently, New York has some of the toughest digital asset rules in the U.S., focusing on strict licensing, transparency, and consumer protection.

The new Office of Digital Assets and Blockchain Technology was born out of Executive Order 57, which Adams signed on October 14. The new office will be…

Read more on bitcoinnews