Blockchain will help bring privately held alternative assets to the public

NEW YORK - At a well-attended blockchain summit in New York just days after the collapse of Terra and its sister token Luna, optimism over the emerging technology and its potential to transform finance was undimmed.

In his opening note at the Security Token Summit on Monday (May 16), New York City mayor Eric Adams stated that the city remains friendly to Bitcoin and blockchain, both of which "are here to stay".