New York Sets Up City Office for Crypto and Blockchain

TheCryptoTimesPublicado em 2025-10-15Última atualização em 2025-10-15

New York City has set up a new government office to oversee and coordinate work related to cryptocurrency and blockchain technology. The move comes as the city emerges as a popular hub for crypto offices and attracts attention from the global crypto community. 

On October 14, Mayor Eric Adams signed Executive Order 57, creating the Office of Digital Assets and Blockchain, the first city-level agency of its kind in the United States.

According to the announcement, the office will specialize in the proper use of digital assets, making economic opportunities available to New Yorkers, attracting skilled professionals, and advancing the city’s position as a global financial and technology hub.

Leadership and goals

Moises Rendon, a digital assets policy expert, has been appointed as the office’s first Executive Director. His first task will be to form a commission of industry experts to advise on the office’s priorities and direction. Rendon will report directly to Chief Technology Officer Matt Fraser.

Mayor Adams said the move continues his administration’s push to keep New York “ahead of the curve” when it comes to technology. “The age of digital assets is here, and with it comes the chance to grow our economy, attract world-class talent, expand opportunities for underbanked communities, and make government more user-friendly,” he said.

Rendon said his focus will be on the responsible and practical deployment of blockchain and digital asset tools. He added that the new office would collaborate with specialists in the fintech industry to research and examine the potential of these instruments to enhance city operations and public services.

Responsibilities of the office

The Office of Digital Assets and Blockchain will help make sure that digital assets and blockchain technology are used in ways that benefit New York City’s economy. It will coordinate efforts between city agencies, the crypto industry, and state and federal partners, while creating clear rules for their use. 

It will also enable individuals to access financial instruments securely, especially the unbanked, and implement programs to inform the public about threats such as fraud and scams. 

Also Read: US Files Largest Crypto Forfeiture Action: $15B in Bitcoin

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