NYC Mayor Adams Aims to Tackle Education, Violence, Antisemitism Using Crypto
Outgoing New York City Mayor Eric Adams expressed a strong interest in cryptocurrency during his final press conference. He has been a proponent of digital assets, even establishing an “Office of Digital Assets and Blockchain” and receiving his initial paychecks in Bitcoin. Adams indicated that his enthusiasm for crypto is growing and shared his vision for utilizing it to address several societal issues.
Leverage of Cryptocurrency for Social Issues
During the press conference, Adams stated his intention to tackle violence, enhance education, and combat antisemitism through the use of cryptocurrency. He emphasized the importance of uplifting families and children, hinting at using technology as a tool for positive change.
Future Plans and Initiatives
Adams expressed excitement for the future, mentioning his plans to write a book and return to school. However, his statements about how cryptocurrency would specifically be used to address these pressing issues remained vague.
Context of Increased Crypto Lobbying
2025 proved to be a significant year for cryptocurrency lobbying, with at least 27 crypto companies submitting initial lobbying disclosures by July. Reports indicated that Coinbase engaged in creative marketing campaigns, including branded vending machines and promotional giveaways to increase crypto awareness among lawmakers.
Exploring Cryptocurrency’s Potential
- Adams aims to use cryptocurrency for societal improvement.
- He established an “Office of Digital Assets and Blockchain” in NYC.
- 2025 marked a surge in crypto lobbying efforts nationwide.
- Creative campaigns, such as Coinbase’s promotional events, were launched to promote the industry.
While it is unclear whether these ambitions will manifest into concrete actions, Adams’ proposals highlight the growing intersection of technology and governance. As he steps down, the implications of his statements on cryptocurrency and public policy remain to be seen.