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New York City Establishes First-Ever Municipal Office for Digital Assets and Blockchain

New York City Establishes First-Ever Municipal Office for Digital Assets and Blockchain

DeFi PlanetDeFi Planet2025/10/15 21:39
By:DeFi Planet

Quick Breakdown 

  • New York City launches the first-ever U.S. municipal office for digital assets and blockchain.
  • Moises Rendon appointed as executive director to lead the office’s strategy and innovation.
  • Initiative aligns with national efforts to advance crypto adoption and blockchain policy.

 

New York City leads with dedicated blockchain and digital assets office

New York City has taken a pioneering step in U.S. crypto policy with the launch of the country’s first municipal office focused on digital assets and blockchain innovation. The move, formalized by an executive order from Mayor Eric Adams on October 14, underscores the city’s ambition to become a leading hub for blockchain-driven public and private sector initiatives.

Our first-in-the-nation Office of Digital Assets and Blockchain will help make us the GLOBAL capital of digital assets.

This new mayoral office is going to help us stay ahead of the curve, grow our economy, AND attract world-class talent:

— Mayor Eric Adams (@NYCMayor) October 14, 2025

The newly established NYC Office of Digital Assets and Blockchain will coordinate between government agencies, regulators, and industry players to promote responsible adoption of blockchain technology and digital currencies . Its mandate also includes enhancing financial inclusion, ensuring regulatory compliance, and raising public awareness about crypto-related risks.

Moises Rendon appointed executive director

Moises Rendon, a former technology policy expert, has been appointed as the office’s first executive director. Rendon expressed his enthusiasm about leading the groundbreaking initiative, stating, “I am honored to lead the nation’s first municipal office dedicated to the successful and responsible deployment of these technologies.”

The office will also establish a commission of digital asset leaders to advise on policy, innovation, and implementation, ensuring collaboration between public agencies and private stakeholders.

NYC’s broader crypto vision

Mayor Adams, known for receiving his first three paychecks in Bitcoin, has consistently championed crypto innovation since assuming office. The new office builds on his earlier initiatives, including the creation of NYC’s Digital Assets Advisory Board in May and the city’s inaugural crypto summit earlier this year.

New York’s move reflects a broader national trend, as several states push forward with blockchain integration. Wyoming recently launched FRNT, the country’s first state-issued stablecoin, while California approved crypto payments for government services. Meanwhile, Louisiana has established a legislative subcommittee to study the intersection of blockchain, cryptocurrency, and AI.

Collectively, these efforts align with President Donald Trump’s vision of positioning the United States as a global leader in digital asset development and blockchain innovation.

 

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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