Democrat Eric Adams, who said he planned to brand New York City "the centre of Bitcoins" if elected mayor, has won his race against Republican Curtis Sliwa.

Following the Nov. two Election Day results, Adams will be replacing Bill de Blasio as the mayor of New York City, defeating Sliwa and other candidates with 72.8% of the vote. He is expected to take role on Jan. 1.

During his mayoral entrada, Adams pledged to make New York City a tech hub that volition be "the center of cybersecurity, the center of self-driving cars, drones, the center of Bitcoins." He beat out crypto-friendly businessman Andrew Yang to become the Democratic political party nominee in June.

Many jurisdictions in the United States held elections for local and state governments yesterday, putting forth some candidates who have previously advocated for pro-crypto legislation and policy. In Miami, Francis Suarez won re-election — he has served as mayor since 2022 — with 78.7% of the vote.

Related: Crypto City: Guide to New York

New York state is oftentimes the center of media attention related to regulation and enforcement for crypto firms in the Us. The New York Attorney General's office was responsible for a settlement case from Bitfinex and Tether, which in Feb agreed to pay $xviii.5 one thousand thousand in damages, too as ordering Coinseed to close its doors after the firm allegedly defrauded investors out of more than $ane 1000000.

While major federal elections in the United States may sometimes touch the crypto marketplace, many senators and state representatives will non have their seats challenged until 2022 at the primeval. Pro-crypto U.S. lawmakers in cities and states who did not confront a re-election boxing yesterday included Mayor Jayson Stewart of Cool Valley, Missouri. In August, Stewart proposed giving away more than $i million in Bitcoin (BTC) to the urban center's roughly 1,500 residents.