Eric Adams has appointed June Ou and Richie Hecker as advisors to explore the use of cryptocurrencies, blockchain, and Web3 for the benefit of New York City. Adams aims to position NYC as a competitor to Silicon Valley in the crypto space. He will host the city's first crypto summit in May, welcoming innovators, investors, and policymakers to drive digital finance sector growth. Adams' positive stance on crypto dates back to his mayoral campaign, where he pledged to make NYC a Bitcoin hub. Despite past corruption allegations, Adams continues to advocate for crypto adoption.