New York City Launches Digital Assets Advisory Council for Fintech Jobs

New York City is establishing a digital assets advisory council aimed at enhancing fintech job opportunities, announced Mayor Eric Adams. Key points include:

  • The council will consist of industry experts, with a chair to be appointed soon.
  • The initiative was revealed during a summit at Gracie Mansion, emphasizing the city's commitment to innovation.
  • Adams highlighted plans to explore blockchain technology for managing birth and death records.
  • Despite regulatory concerns, firms like Republic are choosing to remain in New York as talent returns to the U.S.