EN ▼
Favorites
My Favorites
View All
Market Cap Price 24h%

Disclaimer: Content does not constitute investment advice. Trading involves risks—please invest with caution!

Former New York governor issues urgent appeal to the U.S. Congress

2026-10-07 06:31:47
Bookmark

Cryptocurrency investment should not be influenced by regime change in Washington: Former New York Gov. Andrew Cuomo calls on both parties in Congress to break the deadlock

Former New York Gov. Andrew Cuomo told Congress that whether companies can safely invest in cryptocurrencies in the United States should not depend on which party controls Washington. He urged senators from both parties to break the deadlock on the CLARITY Act.

No one knows better than Cuomo how Washington and Wall Street work. Since his youth, he has been at the heart of the country's elite political and business circles. The son of Mario Cuomo, former New York State, he was born into the prestigious Cuomo family.

Therefore, he shocked the outside world when he suddenly stepped down amid multiple allegations of sexual misconduct while serving as governor of New York from 2011 to 2021. Cuomo denied the allegations. Although multiple district prosecutors investigated the allegations, no criminal charges were filed that led to a conviction.

Last year, he tried to return to politics and run for mayor of New York City. Although he is a longtime member of the Democratic Party, he runs as an independent candidate. In the end, Zohran Mamdani from the Democratic Party won the election, which was seen as a major subversion of New York's traditional power structures.

Como's connection with the cryptocurrency industry

Here is how Como got involved in the industry:

作为一名受过专业训练的律师,科莫自2023年起为加密货币交易所OKX提供法律咨询,当时OKX正面临联邦调查。2025年2月,OKX母公司Aux Cayes Fintech Co. Ltd.承认犯有一项经营无牌照货币传输业务的罪名,并同意支付总计超过5.04亿美元的罚款。

今年7月,科莫加入OKX董事会。当OKX于6月与美国洲际交易所(NYSE: ICE)合作成立一家专注于代币化金融产品的合资企业时,科莫也被纳入其中。他共同领导OKXICE项目,该项目最近已向美国证券交易委员会(SEC)提交申请,旨在推出一个代币化股票交易场所。

科莫敦促国会推动《CLARITY 法案》通过

10月6日,他在CoinTelegraph上发表了一篇评论文章,敦促美国国会以两党支持的方式通过《数字资产市场清晰度法案》(Digital Asset Market Clarity Act)。该法案旨在明确证券交易委员会(SEC)和商品期货交易委员会(CFTC)在数字资产监管方面的职责划分。

该法案寻求澄清哪些加密资产属于证券或大宗商品,并据此分配监管责任。简而言之,将有一部单一的联邦法规——而非执法行动和法院裁决——为美国的加密资产监管提供指导方针。

Although the House of Representatives passed the CLARITY Act in 2025, it failed to gain enough votes in the Senate last month to advance further. The crypto bill faces opposition from two sides:

  • Concerns in the banking community: Banks are uneasy about the returns from stablecoins, a digital dollar that exists on the blockchain. Banks are concerned that their account holders will transfer funds to stablecoins because they offer higher returns.
  • Resistance within Democrats: Democrats, on the other hand, want to include strict ethics clauses in the bill. Democrats, led by Sen. Elizabeth Warren (D-MA), want to restrict senior federal officials and their spouses, including the president himself, from using their powerful positions to seek personal gain from digital assets.

Cuomo calls on members of Congress to "set aside political differences"

As Republican and Democratic senators fail to reach a consensus, Cuomo urges them to "set aside political differences" and pass the CLARITY Act as soon as possible because lack of clarity can lead to uncertainty. "It's not good for business, investors, consumers and the United States."

He pointed out that if Democrats control at least one house of Congress after the November midterm elections, they may try to prove corruption in the Trump administration and accuse institutional actions of benefiting individuals and political donors collectively. "Whether these claims are fair or not, they will dominate the political direction, and politics will dominate the direction of regulation."

他强调,投资不应取决于哪个政党掌控华盛顿。因此,国会必须通过该法案,以便企业能够在美国进行安全且明智的投资。”

Disclaimer:

All content published on this website, including hyperlinks, related applications, forums, blogs, and other media accounts, originates from third-party platforms and their users. CoinMarketInsight makes no representations or warranties of any kind regarding the website or its content. All blockchain-related data and materials are provided for informational and research purposes only and do not constitute financial, legal, or investment advice. Users and third parties are solely responsible for the content they publish. CoinMarketInsight shall not be liable for any losses arising from the use of this website. You should exercise caution and conduct your own independent research, review, analysis, and verification before making any decisions.

Read Full Article
More News
TOP

TOP