PANews reported on May 21 that according to Cryptonews, New York Mayor Eric Adams announced that he would establish a digital asset advisory committee to attract fintech jobs and investment to Manhattan. The committee will formulate policy recommendations to attract investment from crypto companies, and the specific list of members will be announced in the coming weeks. The New York City government plans to use blockchain technology to manage birth certificates, death records and other livelihood files, and improve the efficiency of retrieval while ensuring data privacy. Municipal Chief Technology Officer Matthew Fraser revealed that he is studying the feasibility of allowing residents to use cryptocurrencies to pay for municipal services, focusing on the financial inclusion of people without bank accounts.