New York City Mayor Asks Regulators to Listen to Crypto Insiders to Understand the Industry Better

This week, New York City Mayor Eric Adams delivered a keynote at the Crypto and Digital Assets Summit in London, the place he known as upon state legislators to pay attention to crypto {industry} consultants on the way forward for the expertise.

“The most necessary factor is to pay attention to these inside the {industry}, as a result of that is comparatively new and generally we’re fearful when it comes to new applied sciences, notably one thing like cryptocurrency and blockchain,” Adams stated.

Adams additionally highlighted the urgency of working with regulators and lawmakers: “[We are] working with our state companions to assess the panorama round cryptocurrency and digital belongings to guarantee alignment with extra conventional technique of financing.”

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