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Published New York, United StatesUpdated

Crypto Advisory Council Coming to New York City

  • In May 2025, Mayor Eric Adams revealed plans to establish both a digital assets advisory council aimed at expanding fintech employment in New York City and a joint New York City-Israel Economic Council designed to enhance economic collaboration between the city and Israel.
  • The advisory council aims to attract fintech jobs by involving industry experts, while the Israel council seeks to enhance cooperation amid anti-Israel funding debates and rising antisemitism.
  • Summits at Gracie Mansion included closed-door roundtables, public conferences, and participation from unicorn startups, family offices, and logistics firms exploring blockchain and innovations.
  • Mayor Adams emphasized the importance of leveraging future technologies to enhance services for New Yorkers, while Barkat described the formation of the Israel council as a strong endorsement of innovation.
  • These initiatives intend to create jobs, promote tech collaboration in AI and environmental science, and strengthen longstanding ties between New York City and Israel.
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WNYW broke the news in San Francisco, United States on Monday, May 19, 2025.
Sources are mostly out of United States (3)

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