New York – The City of New York is launching a Digital Assets Advisory Council to bring FinTech jobs to Big Apple, Mayor Eric Adams announced Tuesday.
New York City is “open for business, he said at the start of a summit that was raised at the official home of the mayor, Gracie Mansion. The council was made up of individuals from the industry, with a chair to announce in the coming weeks.
“We want to use tomorrow’s technology to better serve New Yorkers today,” Adams said in his opening comments. “We have experts here, and they will help us navigate solutions that serve our city. We are fortunate to have this kind of human capital right here in the city of New York.”
The SummitAlong with a public meeting followed by closed-door roundtables, there are participants from both family offices and unicorn startups, says Richard Hecker of Traction and Scale, a logistics firm involved in the event.
Business interests apart, the city explores the placement of birth and death records with a blockchain to help the next relatives can easily access these types of documents, Adams said.
Andrew Durgee, Co-Co’s Republic, who supports other financial startups, noted that his firm remained in New York despite concerns about regulators and other issues, even though other companies left the country.
“Now for the first time in 15 years, in this situation, we have no idea what it will look like,” Durgee said. “You now have all these people, the wise, brilliant people who are now back to the US, and they are looking for a place to come.”
