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Zohran Mamdani, a candidate of the Democratic Party for the Mayor of New York, will face the field of candidates in November, including those who previously took firm positions for crypto and blockchain.
Mamdani on Tuesday defeated Former New York Governor Andrew Cuomo with 43.5% vote in a democratic primary democratic primary primary in New York. The New York State Assembly member will victory in the competition with Republican candidate Curtis Sliwa, the current mayor of NYC Eric Adams and Cuomo, who will allegedly run as an independent candidate after the primary loss.
With the exception of Mamdani, all the main candidates have previously held positions preferring the cryptocurrency industry.
Adams for the first time ran for the mayor as a Democrat in 2021 and said he would accept his first three payouts in Bitcoins (BTC). He continued his interview at the crypto conferences, proposed BTC supported by urban bonds and organized a digital asset in the mayor’s residence.
Sliwa, although for Mamdani, he died according to many polls of public opinion, Ran against Adams In 2021 when sending messages on Pro-Krpto campaign. Its platform included plans to open multiple cryptic ATMs in New York and motivate local businesses to receive digital assets.
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Meanwhile Cuomo reportedly Recommended Cryptocurrency Replacing OKX In 2021, because US authorities examined the company for the operation of unlicensed business with the transfer of money. The exchange eventually paid a fine and fines of $ 505 million.
Mamdani publicly criticized the involvement of Cuomo in the stock exchange. “Andrew Cuomo could spend years since his resignation changed and helped the New Yorkers,” he said in post 2 April. “Instead, he persecuted women who talked about their series harassment, fought to maintain their books millions … and advised a foreign cryptomer that violated the law.”
Since his primary victory, Mamdani has faced public opposition from prominent personalities in the crypt, including co -founder Gemini Cameron Winklevoss. Also Tyler Winklevoss floating The idea of ’get[ting] involved in the race of the mayor of NYC, ”suggests financial support for the candidate for the defeat Mamdani.
Both brothers joined the US presidential elections in 2024, Millions of dollars Then the campaign of Donald Trump. Anthony “pomp” Pompliano, a bitcoin supporter and founder and CEO of professional capital, who also participated in the event Trump Campaign in New York, called He will stand against Mamdani on New Yorkers.
Hedge Fund manager Bill Ackman, with a net fortune of more than $ 9 billion, also proposed That he would support every candidate with the possibility of defeating Mamdani in the general elections:
“[T]Hundreds of millions of dollars of capital are available here to support a competitor to Mamdani that can be put together overnight […] In order to make a great alternative candidate to spend time raising funds. So if the right candidate raises his hand tomorrow, the funds are flowing. ”
Cointlegraph asked Mamdani’s comment campaign, but he did not receive an answer at the time of publication.
Anyone who wins the November elections could have a significant impact on the crypto policy in New York. As one of the largest shopping centers in the United States, the City of the Headquarters is several crypto companies, including the Stablecoins of Paxos and Circle, Cryptocurrency Exchange Gemini and Payments Company Moonpay.
“If you are in crypto, blockchain, web3 or fintech, New York City is open for business,” said Mayor Adams 12th May.
At the state level, the Ministry of Finance Services in New York demanded that businesses have been offering services and products that could apply for Bitlicense since 2015. Although many of them have. criticized the license program – Including Adams – any future mayor of NYC looking for change
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