Mayor Eric Adams said the use of crypto and blockchain should not be seen as a trend but as a long-term integration into New York City's public service infrastructure and policy framework

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Adams insisted the announcement wasn’t about "chasing memes or trends." Instead, it was about "making crypto and blockchain part of the New York City landscape.”

This is not about chasing memes or trends,” said Adams. “We want to use the technology of tomorrow to better serve New Yorkers today.”