Analysis
Zohran Mamdani has made waves after his primary election victory, but what would he mean for the crypto industry in NYC?
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Election News
An election is a type of formal decision-making process made by a population to choose an individual to hold public office. Elections are a crucial part of a democracy and for building strong governmental institutions. In countries with free and uncompromised elections, candidates need to perform at the top of their capabilities to gain enough votes to take the position they want or to stay in the position that that have already been holding for another term. However, elections results are often compromised by political powers that are in charge during the election. Current state of technology provides an opportunity to eliminate risks of malicious intervention into the voting process by performing elections using blockchain. Blockchain technology elections will record all the votes into a public blockchain with no possibility to change them afterwards.
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Protect Progress, an affiliate of the cryptocurrency-backed Fairshake PAC, spent more than $1 million on media buys to support Democratic candidate James Walkinshaw.
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Zohran Mamdani defeated Andrew Cuomo in the Democratic primary for New York City’s mayoral election, but he’ll be competing in a field where digital assets could be an issue.
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Mayor Eric Adams criticized Andrew Cuomo’s approach to crypto as New York governor, as voters in the Democratic primary prepare to choose their candidate for the November election.
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Bitcoin may see more upside if the world’s two largest trading nations finalize their tariff deal and end global economic uncertainty.
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Filings with the New Jersey Election Law Enforcement Commission showed only a few small contributions from individuals tied to crypto companies for various candidates.
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Ether investment products saw $296 million in inflows last week despite a market slowdown, as investors await clarity from the US Fed’s June rate decision.
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Digital asset industry advocates supported congressional candidates in Florida’s special elections in April, and now New Jersey prepares to elect its next governor.
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President Lee Jae-myung rose from being a child laborer in post-war South Korea to becoming a crypto-friendly leader of one of the world’s largest digital asset markets.
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Lee Jae-myung has plans to enable the state pension fund to invest in crypto, approve Bitcoin ETFs, and launch a Korean won-backed stablecoin.
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South Korea’s leading presidential candidates have both promised to legalize spot crypto ETFs, ease current regulations and launch a won-backed stablecoin.
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Presidential hopefuls in South Korea are turning to crypto to win younger voters, with older generations now joining the conversation.
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Brian Armstrong recently said it's "not [his] place" to question Donald Trump's ties to crypto, but the CEO, like many in the industry, has been getting more political.
1816 - News
Durov did not name the EU country that asked him to censor "conservative voices" on the platform but hinted at it with a baguette emoji.
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Wintermute joins at least eight other large crypto firms that announced their expansion to the US, banking on improved regulatory clarity for the Web3 industry.
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