{"id":317862,"date":"2025-10-20T06:02:13","date_gmt":"2025-10-20T06:02:13","guid":{"rendered":"https:\/\/www.europesays.com\/us\/317862\/"},"modified":"2025-10-20T06:02:13","modified_gmt":"2025-10-20T06:02:13","slug":"nyc-mayoral-candidate-cuomo-pledges-to-create-new-cio-for-crypto-innovation","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/317862\/","title":{"rendered":"NYC Mayoral Candidate Cuomo Pledges to Create New CIO for Crypto Innovation"},"content":{"rendered":"\n

Andrew Cuomo, a former New York governor turned mayoral candidate, has pivoted to crypto to beat frontrunner Zohran Mamdani. Cuomo has pledged to make the city a \u201cglobal hub of the future.\u201d<\/p>\n

In a Sunday announcement, Cuomo announced that his administration would create a new Chief Innovation Officer role to spearhead the city\u2019s tech and crypto innovation.<\/p>\n

His proposal comes days after the current mayor, Eric Adams, established the \u201cnation\u2019s first-ever\u201d municipal office for crypto<\/a> and blockchain. He appointed crypto policy expert Moises Rendon to lead the office as executive director.<\/p>\n

Additionally, Adams had previously accused Cuomo of dismantling the crypto industry through hostile policies. Last month, Adams withdrew from the mayoral race, ending his re-election campaign<\/a>, citing financial struggles.<\/p>\n

Andrew Cuomo noted that the CIO is \u201ca senior administration position\u201d and would work to support emerging industries such as AI and blockchain.<\/p>\n

Besides, the role will also be responsible for fostering public-private collaboration and helping the city\u2019s public sector harness new technologies.<\/p>\n

\u201cThe next Mayor must make sure we\u2019re also leading in the technologies that will define the next century \u2014 AI, blockchain, and biotech,\u201d said Cuomo.<\/p>\n

Further, an Innovation Council, comprising leaders from the three emerging tech fields \u2013 crypto, AI and biotech, will be established to advise the CIO on policy developments and consumer protection.<\/p>\n

\u201cThat\u2019s what this position is about: Keeping New York City not just competitive, but dominant in the global innovation economy. I\u2019m excited for the future.\u201d<\/p>\n

The Council for crypto and blockchain will explore ways to \u201creplace outdated regulations with a modern framework,\u201d the announcement read.<\/p>\n

Adam\u2019s exit has left New York politics without one of the pro-crypto leaders in elected office. With voting scheduled to take place on Nov. 4, the City Hall is skeptical whether it would continue to embrace digital assets or take a more cautious path.<\/p>\n

On the other hand, Democrat Zohran Mamdani, the mayoral hopeful, has been relatively silent on crypto. Major crypto figures like Gemini crypto exchange co-founder Tyler Winklevoss, as well as US AI and crypto czar David Sacks, have spat criticism in light of Mamdani\u2019s rising popularity.<\/p>\n

Winklevoss called New York City a \u201cbroken kleptocracy.\u201d<\/a> He added that \u201cthings will have to get worse in NYC before they get better.\u201d<\/p>\n

Sacks called on Silicon Valley to \u201cwake up\u201d to the rising communism in New York.<\/p>\n","protected":false},"excerpt":{"rendered":"Andrew Cuomo, a former New York governor turned mayoral candidate, has pivoted to crypto to beat frontrunner Zohran…\n","protected":false},"author":3,"featured_media":317863,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5122],"tags":[5229,5297,5289,405,403,5226,5225,5228,5227,67,586,132,5230,68,2969,5301],"class_list":{"0":"post-317862","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-york","8":"tag-america","9":"tag-andrew-cuomo","10":"tag-eric-adams","11":"tag-new-york","12":"tag-new-york-city","13":"tag-newyork","14":"tag-newyorkcity","15":"tag-ny","16":"tag-nyc","17":"tag-united-states","18":"tag-united-states-of-america","19":"tag-unitedstates","20":"tag-unitedstatesofamerica","21":"tag-us","22":"tag-usa","23":"tag-zohran-mamdani"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115404979872970131","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/317862","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=317862"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/317862\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/317863"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=317862"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=317862"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=317862"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}