Andrew Cuomo Ambitious to Make New York the Global Center of Crypto, Crypto Adoption Surges!

Jakarta, Pintu News – Andrew Cuomo, former Governor of New York and current mayoral candidate, promised to transform New York City into a global hub of the future. This statement comes weeks after Eric Adams withdrew from the race, leaving Cuomo as the only crypto-supportive candidate in the NYC mayoral race.

Cuomo’s Crypto Vision for NYC Gets the Spotlight

According to Eleanor Terrett, host of Crypto America, Cuomo plans to appoint a Chief Innovation Officer (CIO). This official will set a broad innovation agenda that combines crypto, artificial intelligence (AI), and biotechnology in one city strategy. The council will advise the city on regulatory adoption, workforce development, and reducing bureaucratic barriers for emerging industries.

Cuomo’s campaign proposed this initiative to modernize New York City’s infrastructure and governance, positioning it as a competitor to Silicon Valley in innovation and economic competitiveness.

Although this statement was made amidst campaign euphoria, it cannot be ignored that Eric Adams’ departure gives Cuomo a competitive advantage, even though he is not as vocal as Adams in support of crypto. However, Cuomo still has to defeat Zohran Mamdani, who maintains a significant lead.

Also Read: 5 Reasons Why Avalanche (AVAX) Price Exploded in Q4 & is in the Crypto Whale Spotlight!

Cuomo’s ties to crypto run deep

This is not the first time the former governor has been linked to the crypto sector, as he has a complicated history. A report from Bloomberg in April revealed that Cuomo was once a paid advisor to crypto exchange OKX, while facing federal investigations by the FBI and the Southern District of New York.

According to the report, Cuomo advised the Seychelles-based exchange on policy issues and its legal response to the investigation. Cuomo is also said to have encouraged the company to hire Linda Lacewell, a former ally and former superintendent of the New York Department of Financial Services, who has since become OKX’s chief legal officer.

Cuomo’s Crypto Experience: Asset or Burden?

Cuomo’s deep involvement in the crypto industry could both strengthen and complicate his political ambitions. On the one hand, his experience with global exchanges gives him credibility in New York’s complicated regulatory environment. On the other hand, critics may question the appearance of his role as a consultant for a company that recently faced criminal scrutiny.

However, Cuomo seems determined to position himself as the only crypto-supportive candidate following Adams’ departure from the mayoral race. Cuomo’s crypto experience, being an asset or a liability, may depend on how voters perceive New York’s place in the digital future he envisions.

Conclusion

With an ambitious vision and a complex background, Cuomo is trying hard to win over voters with promises of innovation. Whether his efforts will be enough to overcome the challenges and skepticism, only time will tell.

Also Read: ChatGPT Prediction: XRP, DOGE & PEPE could hit an all-time high by the end of 2025!

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Reference

• BeInCrypto. Andrew Cuomo Crypto: Zohran Mamdani. Accessed on October 20, 2025
• Featured Image: The Block