Zohran Mamdani has emerged as a prominent candidate in the New York City mayoral race, recently defeating Andrew Cuomo in the Democratic primary. Unlike his opponents, Mamdani has voiced criticism against the cryptocurrency industry, which has been favored by most of the other main candidates including Eric Adams and Curtis Sliwa. Adams previously promoted Bitcoin adoption during his campaign, while Sliwa advocated for increased crypto infrastructure. With this election, Mamdani represents a contrast to the prevailing pro-crypto sentiment among other candidates, including criticism of Cuomo's advisory role to a crypto exchange.
All major candidates have previously held positions favoring the cryptocurrency industry, making Mamdani's resistance a notable stance in the current election.
Mamdani has publicly criticized Cuomo's involvement with the cryptocurrency exchange, emphasizing the need for accountability from former leaders.
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