Cuomo Says Crypto’s GOP Backing Alienated Democrats
9 Articles
9 Articles
Key points of the news: Andrew Cuomo stated that crypto industry financial support to Republicans has alienated Democrats and may hinder bipartisan legislation on digital assets. Tech Influence Watch shows that crypto PACs spent $54.3 million to support Republicans and $26.2 million to Democrats during the 2026 cycle. Cuomo called for a balanced strategy while Fairshake supports candidates from both parties and disagreements persist over the CLA…
Cuomo Fires at Crypto's Lopsided Political Gamble
Former New York Governor Andrew Cuomo told the crypto industry to stop betting almost exclusively on Republicans. He warned that the strategy is poisoning its relationship with Democrats whose votes are essential to passing federal crypto legislation. Cuomo made the remarks at a Token2049 panel alongside OKX Chief Executive Officer Star Xu on 7 October. Crypto PAC Spending Tilts Heavily Toward the GOP Crypto-focused political action committees t…
Cuomo: Crypto’s GOP support strained Democrats’ stance
The U.S. push for federal crypto legislation is facing a political matchmaking problem, former New York Governor Andrew Cuomo argued this week. Speaking at Token2049 alongside OKX CEO Star Xu, Cuomo said the industry’s financial and organizational support has leaned heavily toward Republicans—an approach he believes is undermining the Democratic buy-in needed to pass major [...]
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