NYC Mayor Lays Out Crypto Plans As Residents Vote In Democratic Primary

The mayor of New York Eric Adams criticized the candidate of the democratic mayor and former governor Andrew Cuomo when the inhabitants were preparing for voting in the primary elections.

Adams at a conference without permission in Brooklyn on Tuesday said The fact that New York stood under the governor of Cuomo “dismantled and destroyed industry”, described the actions of the former governor as “bad” and “misleading” on digital property.

The mayor, who runs for re -election as an independent candidate, said he was planning to establish an city council that would defend the policy in the state government, and “build a gas pipeline” to pay for the city services using crypto and introducing digital assets in schools.

“I think that in the first 120 days, the number of accounts that has passed the federal level to deal with this problem is very impressive,” said Adams, who is likely to refer to the congress that proceeds to legislation to regulate payment stablecoins and crypto market structure. “And now you see the cities rise and the states raise the same energy.”

The mayor’s remarks came when Cuomo faced other democratic candidates in what is expected to be controversial on Tuesday. The former governor faced charges of a sexual offense in the office and resigned in 2021 in the middle of the indictment investigation. However, several surveys of public opinion has shown Cuomo leading on double digits in front of another pioneer, democratic candidate Zohran Mamdani.

Mayor “Pro-Krypto” under control

Adams, known in the crypto industry for announcing that he plans to accept his first three paychecks in Bitcoins (BTC) As the mayor of New York, he said he was still holding funds. He will probably face the Republican candidate Curtis Sliw – who also Ran on the crypto policy In the 2021 race against Adams – winners of democratic primary and others in November.

In addition to policies focused on adams council and education, Adams advocates New York City to create bitcoin urban bonds. Brad Lander called the proposed plan “legally doubtful and fiscal irresponsible”, but the mayor proposed to permit that he examines a way to “circumvent” the opposition.

Related: NYC Comproller rejects the proposal of the mayor Adams on bitcoin bonds