https://cointelegraph.com/news/nyc-mayor-lays-out-crypto-plans-as-city-residents-vote-in-democratic-primary?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
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.
“I think in the first 120 days, the number of bills that went through the federal level to deal with this issue is extremely impressive,” said Adams, likely referring to the Congress moving forward on legislation to regulate payment stablecoins and crypto market structure. “And now you’re seeing cities picking up, and states picking up the same energy.”
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