Cuomo Proposes Crypto-Focused Innovation Office for NYC

[tradelikepro]

Former Governor Andrew Cuomo is trailing Democratic frontrunner Zohran Mamdani despite unveiling a plan to make New York City a crypto hub.

Cuomo’s proposal would create a chief innovation officer and an Innovation Council focused on blockchain, AI, and biotech to attract emerging tech companies.

The move comes two weeks before the mayoral election, aiming to appeal to the crypto industry, though cost of living and public safety remain voters’ top concerns.

[alex10]

A dedicated crypto innovation office could help NYC regain its fintech leadership.

[Nahid10]

Institutionalizing blockchain policy may finally bridge regulation and innovation in the city.