On April 23, 2025, New York City Mayor Eric Adams and Chief Technology Officer Matthew Fraser announced the city’s inaugural Crypto Summit, set for May 20, 2025, from 2:00 PM to 8:00 PM. The event will bring together founders, CEOs, and investors managing over $1 trillion in assets from the cryptocurrency, blockchain, and fintech sectors to explore how these industries can drive economic growth, attract talent, and spur innovation in NYC. Building on Adams’ 2022 move to convert his first three mayoral paychecks into Bitcoin and Ethereum, the summit underscores his vision to position New York as a global hub for digital financial technologies. Following the White House Digital Assets Summit in March, this event highlights Adams’ ongoing commitment to leveraging emerging technologies for a safer, more prosperous city.
Mayor Adams, CTO Fraser Announce NYC’s First Crypto Summit
– New York City Mayor Eric Adams and Chief Technology Officer Matthew Fraser will host New York City’s first Crypto Summit next month. Attendees will include prominent founders, CEOs, and investors from the cryptocurrency, blockchain and fintech industries to discuss how this growing industry can boost the economy, attract top talent, and inspire innovation in New York City. Those expected to be in attendance manage more than $1 trillion in assets that Mayor Adams is looking to bring to New York City. This event will reinforce Mayor Adams’ forward-thinking leadership on digital financial technologies and comes on the heels of the White House Digital Assets Summit in March.
In 2022, Mayor Adams famously became the first U.S. mayor to have his first three mayoral paychecks converted into Bitcoin and Ethereum. As he said at the time, “New York is the center of the world, and we want it to be the center of cryptocurrency and other financial innovations.”
Throughout his administration, Mayor Adams has championed emerging technologies to build a safer, more affordable city for New Yorkers. He remains committed to growing the city’s economy, attracting new talent, and enabling innovation through the use of digital assets.
More details for this event will be forthcoming.
WHAT: Crypto Summit
WHO: Mayor Adams; Chief Technology Officer Fraser; finance and tech leaders.
WHEN: Tuesday, May 20, from 2:00 PM to 8:00 PM*
*Portions of the event will be open to the media.
April 23, 2025
NEW YORK
Sources: NYC.gov , Midtown Tribune
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