New York, NY – The mayor of New York, Eric Adams, makes a pitch for cryptographic companies returning to the United States or expanding their presence in the country: installation in New York.
“It’s the Empire State,” Adams said at a press briefing in Gracie Mansion on Monday. “We should look forward to building empires, especially in cryptographic space.”
Adams, who presents himself to re -election, reiterated his commitment to making New York a Crypto center, telling journalists he would work with technological and cryptographic companies, large and small, to create a friendly environment to attract and help them succeed.
“My goal remains the same as the first day as the mayor: to make New York the capital of world cryptography,” said Adams. His remarks echo the similar promises of President Donald Trump, who has repeatedly said that he wanted to make the United States the “cryptographic capital of the planet”.
Adams is also inspired by Trump in another way: next week, he welcomes the very first crypto summit in New York, who, according to him, will bring together city officials and representatives of the cryptographic industry to discuss how the city can benefit from the crypto – and vice versa. In a press release in April announcing the summit, Adam administration described the event as “com[ing] In the heels of the summit of digital assets of the White House in March. »»
“We are going to attract world-class talents, offer opportunities to sub-bancades communities and make government more user-friendly,” said Adams. “We focus on the long -term values of these technologies for our city and its inhabitants, not on memes or trends.”
Earlier this year, Trump’s appointments appointed to the Ministry of Justice ordered prosecutors in the South New York district to remove corruption accusations against Adams, leading to an exodus of career prosecutors. The accusations were dismissed with a judge.
The New York cryptography industry – as well as its banking and insurance industries – is regulated by the New York Department of Financial Services (NYDFS), which is renowned as a difficult regulator. Nydfs issues the bitlidense notoriously difficult to obtain, a special license required to do business as a crypto company in New York. In the past, Adams has criticized the bitlidense, saying that he smothered the regulations and pleading for having deleted it shortly after taking office as mayor in 2022.
When he was asked on Monday the New York regulatory environment, Adams seemed to have given a more conciliatory tone towards the NYDF, saying that “it is good to know that the city will have sure regulations in place for those who invest, and there will be no abuse”.
“But at the same time, we can regulate too much and prevent growth,” added Adams. “There is a level of security that comes with the right regulations, but excessive regulations can harm this industry and we do not want it to happen.”
