The post Andrew Cuomo touts crypto and AI innovation in bid for New York mayor appeared on BitcoinEthereumNews.com.

Andrew Cuomo is reportedly embracing crypto and AI as key pillars of his campaign in hopes of becoming New York City’s next mayor. According to journalist Eleanor Terrett, Cuomo intends to make New York “a hub for crypto.” She noted that Cuomo’s proposal includes appointing a Chief Innovation Officer to help transform NYC into a crypto epicenter. Her statement comes on the heels of Eric Adams stepping out of the mayoral race, leaving Cuomo as the only potential crypto-positive contender for New York City’s top job. Cuomo intends to create an Innovation Council Terrett posted on X: “The former governor turned mayoral candidate is set to announce plans to create a new Chief Innovation Officer to make NYC ‘the global hub of the future’ if elected.” She explained the new CIO position would drive a citywide innovation agenda that integrates crypto, AI, and biotech. Its mission would be to align tech initiatives across departments, accelerate adoption of new tools, and bring in high-value investment and jobs. She added that Cuomo wants to establish an Innovation Council consisting of three advisory bodies for crypto, AI, and biotech to shape policy around regulation, education, and business-friendly reform. Cuomo actually has a background in crypto, having counseled OKX as it faced a federal probe that ended with the firm pleading guilty and agreeing to pay more than $500 million in fines. If the former governor follows through on his proposals as mayor, the city may replace its reputation for tough enforcement with a more innovation-driven approach. However, given that his suggestions come in the heat of the campaign, some believe Cuomo may be using pro-crypto rhetoric to win over voters, much as Trump did ahead of the 2024 election. Others are questioning how much real authority he would have to act, even if…

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Filed under: News - @ October 20, 2025 8:24 am