- New York City Mayor Eric Adams has established a municipal office focused on digital assets and blockchain technology.
- The new office was created by executive order and will be led by Moises Rendon.
- The office aims to support economic growth, attract talent, and improve services for underserved communities.
- Eric Adams has previously promoted cryptocurrency initiatives during his term as mayor.
- Adams will not seek re-election, with his term ending on January 1, 2026.
New York City Mayor Eric Adams has announced the launch of a city office dedicated to digital assets and blockchain technology. The move, initiated through an executive order on Tuesday, is intended to advance the city’s goals in overseeing and developing cryptocurrency-related initiatives before his current term concludes.
The new Office of Digital Assets and Blockchain Technology will be led by Moises Rendon, who has been a digital assets and blockchain policy adviser for the city since April 2024. According to the official notice, the office will help expand the city’s technology sector and improve access for underserved communities.
“Our city has always been the center of innovation, and we’re embracing the technologies of tomorrow today,” said Adams in a statement. “The age of digital assets is here, and with it comes the chance to grow our economy, attract world-class talent, expand opportunities for underbanked communities, and make government more user-friendly.” The full executive order is available on NYC.gov.
Eric Adams has publicly supported digital currencies in the past. He made headlines during his 2021 mayoral campaign when he accepted his first three paychecks in Bitcoin. During his term, he called for the creation of Bitcoin-backed bonds for the city and expressed concerns that the state’s BitLicense program places unnecessary limits on cryptocurrency businesses.
In September, Adams announced he would not run for re-election. His term as mayor is set to finish on January 1, 2026.
This development continues Adams’ record of supporting digital innovation in New York City while seeking to position the city as a leader in the blockchain and digital assets sector.
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