Andrew Cuomo Gains Pro-Crypto Support in NYC Mayoral Race
Former New York Governor Andrew Cuomo has secured a significant endorsement from Innovate NY, a pro-digital assets organization, as he campaigns as an independent candidate in the New York City mayoral race. The group has invested nearly $100,000 to promote Cuomo's blockchain and AI-focused agenda, targeting Democrat Zohran Mamdani, the current poll leader.
Innovate NY's backing underscores the growing influence of crypto advocacy in local politics. The organization has already spent $30,000 on campaign materials, signaling strong support for Cuomo's vision of tokenization, public-benefit stablecoins, and artificial intelligence integration. Early voting is underway, with the election set for November 4.
New York City's status as a financial hub amplifies the stakes for the crypto industry. The race could shape the regulatory landscape for digital assets in one of the world's most important economic centers.