CLARITY Act · New York · Democrats · Bitcoin Magazine
He flagged: “And again, the world is passing us
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The ex-New York governor hinted that Democrats were playing politics with the Clarity Act.
Key facts
- Ex-governor of New York and Democrat Andrew Cuomo has said lawmakers need to hurry up and get the “highly political” Clarity Act over the line
- The ex-New York governor hinted that Democrats were playing politics with the Clarity Act
- Some Democrats have criticized President Trump’s crypto business interests, with some alleging conflicts of interest as his family has made money from meme coins and the decentralized finance
- We need clarity,” Cuomo said Thursday on CNBC’s Squawk Box
Summary
Ex-governor of New York and Democrat Andrew Cuomo has said lawmakers need to hurry up and get the “highly political” Clarity Act over the line. Cuomo, who is also the director of crypto exchange OKX, said that Democrats and Republicans were mainly locking horns over the ethics language in the bill. Several lawmakers are hoping the Clarity Act, which would set in stone crypto regulation in the U.S., gets passed before Congress departs for August recess. “We need clarity,” Cuomo said Thursday on CNBC’s Squawk Box.