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NYC mayor lays out crypto plans as city residents vote in Democratic primary

cryptoweekly by cryptoweekly
June 24, 2025
in bitcoin, News
0

Mayor Eric Adams criticized Andrew Cuomo’s approach to crypto as New York governor, as voters in the Democratic primary prepare to choose their candidate for the November election.

New York City Mayor Eric Adams criticized Democratic mayoral candidate and former Governor Andrew Cuomo as residents prepared to vote in the party’s primary election.

Speaking at the Permissionless conference in Brooklyn on Tuesday, Adams said that under Cuomo’s governorship, New York State “dismantled and destroyed the industry,” describing the former governor’s actions as “wrong” and “misguided” on digital assets.

The mayor, running for reelection as an independent candidate, said he planned to set up a city council to advocate for crypto policies in state government, and “build out the pipeline” to pay for city services using crypto and by introducing digital asset education in schools.

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Recent Posts
  • Coinbase claims ‘key role’ in Secret Service’s biggest-ever crypto seizure
  • US crypto stocks surge amid fragile Iran-Israel ceasefire
  • Many senators absent from ‘bipartisan’ crypto market structure hearing
  • Ether liquidity sits above $2.5K: Will ETH bulls grab it?
  • FalconX joins Crypto.com as partner for Lynq institutional settlement network
  • Chainlink, Mastercard partner to allow 3 billion cardholders to buy crypto
  • ETH trades near $2.5K, but weak demand clouds bullish outlook

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