New York City mayor Eric Adams is still focused on making New York a crypto hub, but he believes that goal can be combined with statewide efforts to curb environmental costs related to crypto mining, according to reports on Nov 25. 

The city will work with legislators to find a balance between the crypto industry development and legislative, Adams told The NY Daily News:

“I’m going to work with the legislators who are in support and those who have concerns, and I believe we are going to come to a great meeting place.”