The New York City mayoral election has sparked interest among crypto voters as candidates share their views on the cryptocurrency industry.
Primary Election Results
Democratic candidate Zohran Mamdani won the New York City primary with 43.5% of the vote. Mamdani is competing against Republican candidate Curtis Sliwa, current Mayor Eric Adams, and former Governor Andrew Cuomo, who is expected to run as an independent.
Candidates' Positions on Cryptocurrency
Current Mayor Eric Adams proposed accepting his first three paychecks in Bitcoin during his campaign and has spoken at crypto conferences. Curtis Sliwa has also made pro-crypto promises, aiming to open more crypto ATMs and establish a reward program for local businesses accepting digital assets.
Opposition and Support for Mamdani
Since winning the primaries, Mamdani has faced opposition from notable figures in the crypto industry, including Gemini co-founder Cameron Winklevoss. Hedge fund manager Bill Ackman also expressed interest in backing a candidate capable of competing with Mamdani, stating that ample funds are available.
The New York City mayoral elections could significantly influence the crypto policies of the city, which is a major business hub in the United States.
