Odaily Planet Daily reported that New York City Mayor Eric Adams signed an executive order to establish the first "Office of Digital Assets and Blockchain" in the United States, aiming to coordinate cooperation between the crypto industry and the government and promote the implementation of compliant blockchain and crypto projects in New York.

Led by Moises Rendon, a longtime City digital asset advocate, the office's goals include promoting the responsible use of blockchain, attracting fintech talent, expanding financial inclusion, and establishing New York as a hub for crypto innovation. Adams stated, "The digital asset era has arrived, presenting us with opportunities for economic growth, talent attraction, and service innovation."

Adams received his first three salaries in Bitcoin and hosted New York City’s first crypto summit. His term as mayor ends at the end of the year, and he has withdrawn from re-election due to campaign finance issues.