Will NYC’s Incoming Mayor Eric Adams Make the City the Crypto Hub to Watch?

Eric Adams, a former Police Captain and Democratic party candidate, has won the New York City Mayoral race, gaping his closest competitor Curtis Sliwa by garnering 67% of the total votes.

With Adams now set to replace Bill De Blasio in January, the crypto community is beginning to keep a close watch on the incoming mayor’s promises while campaigning for the office.

The taste of victory has not made Adams consider himself a superhuman, drawing on the enormous work ahead of him.

“I’m perfectly imperfect, and the city is made up of perfectly imperfect people,” Adams said at an Election Night party at the Marriott hotel in Downtown Brooklyn. “That’s the combination that will allow us to create a perfect city where no one is left behind.”

Adams, the second elected black Mayor of New York City, has always been a strong Bitcoin and crypto proponent, and he has expressed his plans to make the city the next crypto hub to watch after Miami. Should his campaign promises be considered, Adams has often maintained that a drastic change will be witnessed within one year of taking office, with digital currencies featuring prominently in his government.

“I promise you, in one year […] you’re going to see a different city. […]. We’re going to become the center of life science, the center of cyber security, the center of self-driving cars, drones, the center of bitcoin. We’re going to be the center of all the technology,” he said.

The use of digital currencies as a subject of political campaigns is growing at an intensive rate in the United States. With the affinity for Bitcoin and crypto by Miami Mayor, Francis Suarez who also won his re-election bid for the second term in office, a number of politicians are seeking avenues to register their names in history for helping to facilitate the growth of the cryptocurrency industry, which many consider as the greatest financial innovation in the 21st Century.

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