Crypto backers eye New York City mayoral race as next battleground

Zohran Mamdani secured the Democratic nomination for New York City mayor, defeating Andrew Cuomo with 43.5% of the votes, positioning him against candidates like Eric Adams and Curtis Sliwa who have shown pro-crypto values.

Eric Adams, NYC’s current mayor, has actively promoted cryptocurrencies, suggesting initiatives such as municipal bonds backed by Bitcoin. Meanwhile, Curtis Sliwa’s campaign also includes plans to enhance cryptocurrency adoption in the city.

The upcoming general election holds significant potential to influence New York’s stance on crypto, with prominent stakeholders already taking sides against Mamdani, emphasizing the election’s importance for the broader crypto industry.

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