New York City Mayor Eric Adams has announced his ambition to position the city as the global hub for cryptocurrency, aiming to attract crypto firms back to the U.S. He emphasizes New York's established roles as a finance capital, a tech capital, and his vision to make it the fintech capital of the world.

To further this goal, Adams is set to host New York City's first Crypto Summit next week, aimed at fostering industry connections and supporting long-term growth in the cryptocurrency sector.

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