Zohran Mamdani won the Mainal Mayral elections in New York on June 24, which has since caused a stir between the upper dandruff in the encryption industry.

Mamdani will face the current mayor Eric Adams in November, and it is clear that many in the encryption industry are uncomfortable with the possibility of Mamdani’s victory. Executive directors and government officials supported in Crypo alike denounced the proposals of his policy, as critics are equivalent to its left -wing policies of the Soviet group.

Mamdani put many specific political positions, many of which have left more than the base of the Democratic Party, but he remained relatively silent on the encrypted currency. His opponent, Adams, in contrast to that, is constantly promoted.

With the increase in general elections, observers now weigh whether my Mamani will challenge the encryption industry – or if he can.

What does Mamdani think of encryption?

In the days after the elections, major encryption characters such as Gemini Crypto Exchande Tyler Winklevoss, as well as AI and Crypto Czar David Sacks, presented a great criticism of Mamdani.

Tyler Winkelvos described New York City as a “broken killraxicic” in light of democratic rule, regarding Mamdani’s growing popularity in the municipal elections, “it seems that things should get worse in New York City before they improve.”

The Silicon Valley, located in California, called for “waking up” to the increasing supposed tide and communism in New York.

During his campaign, Mamdani identified a number of policies that sparked eyebrows between moderate Democrats and conservative opponents alike, but he only provided little regarding how he dealt with the regulation of the encryption industry in the city.

It was the few general data that was relatively tamed. In 2023, a year after the collapse of the Terra Stablecoin and the broader coding accident, the Prosecutor in New York Lettia James called for more consumer protection in the Stablecoin industry.

Mamdani, who was then a member of the New York City Association.

Such data was not rare at the time, when customers were left from collapsed or bankrupt companies such as Celsius, Terra and FTX to dry.

Two years later, Crypto only appeared in his campaign in the context of his opponent, former Mayor Andrew Como. Mamdani faces a problem with Cuomo advice for Crypto OKX in its response to the Securities and Stock Exchange Committee. OKX ultimately admits that we violate the anti -money laundering laws.

Mamdani’s concerns about consumer protection are far from a margin. American financial organizations and legislators have called for even pro -kick organizers, and to continue calling for consumer protection where new encoding legislation has made its way through Congress.

Related to: New York AG urges Congress to promote protection in encryption projects projects

Before the Senate voted on the genius law, Senator Kirsten Gilbrand, one of the sponsors of the draft law, said that this law is only submitted once it contains “significant improvements to a number of important provisions”, including consumer protection.

Can the Mamadani challenge the encryption industry?

As the mayor of New York City, the Mamadani will have a significant impact on issues such as municipal taxes, licensing, construction permits, etc., but the office’s ability to influence the encryption industry – for good or bad – appears limited.

At the beginning of his term in 2021, the current mayor, Adams, promised to make New York City a coding center, starting with a pledge to take his salaries in Bitcoin (BTC). His administration provided a number of data in support of chrome, and announced the Blockchain education efforts and stated that it was exploring a digital portfolio for beneficiaries of public advantages.

From late 2024, few felt that New York City became the axis promised by Adams. The New York -based Bitcoin Barkey founder, Cointelegraph in October 2024 that “there is nothing I can notice” who has changed since Adams took office.

He said: “If there are specific programs, you will not coincide with my office in Pubkey or any of the other things I have done.”

Adams continues to make pro -industry data and matches, but at its core, the impact of his office is limited in this regard. The city’s financial industry must respond to government organizers such as the New York Financial Services and the General Attorney.

It is logical that, even if Mamdani wants to go to war with the encryption industry, he may need to coordinate state organizers first. While Public Prosecutor James was cruel in encryption, and Beetkins is difficult, encryption companies are still choosing to move to New York.

Another strategy for the encryption industry can be simply supported. According to the Crypto Aaron Berogan lawyer, the willingness to waive some issues, along with a few campaign contributions in the upcoming general elections, may do a lot for Mamdani’s influence on a neutral situation, if not in support of rent.

Mamdani faces threats before a very possible victory

Whether Mamdani “will go to the ranks” with the encryption industry or even be able to challenge it significantly.

But the chances of winning Mamdani in the elections seem good, according to the American and strategic political businessman Bradley Tusk. He wrote on June 24: “The general elections will not be competitive,” he wrote on June 24.

Task said that even if Komo is independent, which is from June 27, “the voters do not want [Cuomo] Return – it seems that he does not want the job either. Adams polls are about 10 % in terms of preference and re -election. “

So, the chances of winning Mamdani, especially with the popular voters who are divided into the record, seem bright-assuming that encryption funds are not involved … and the Trump administration does not deport it.

In his aforementioned position, Winklevoss presented the idea of ​​supporting the candidate who could oppose Mamdani. While Winklevoss did not adhere to spending, the encryption was shown as effective in affecting the election results.

Moreover, Mamdani’s platform included a policy of non -cooperation with immigration and customs enforcement officials, who were making collective arrests of immigrants, including some citizens, throughout the United States.

This was angered by President Donald Trump, who liedly claimed that Mamdani, who moved to the United States at the seventh and was naturalized in 2018, was illegally in the country. Actor Andy Oujlis, the Buddhoufuhovis buds in Mamdani, threw X and called for an attractiveness and expulsion from the country.

Mamdani faces an arduous battle for the mayor’s office in New York, and the encryption industry may be its least problems.

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