“We Need Clarity,” Says Former New York Governor Andrew Cuomo

Bitcoin Magazine “We Need Clarity,” Says Former New York Governor Andrew Cuomo 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.  A number of 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. The bill was passed by the House of Representatives last year but sticking points remain.  “We need clarity,” Cuomo said Thursday on CNBC’s Squawk Box.

“Tell me the rules — I want to play the game fairly, but you have to tell me the boundaries, and that’s what the Clarity Act is all about.” JUST IN: Former Governor of New York Andrew Cuomo says he thinks the Senate will resolve the Clarity Act ethics issues and pass the bill "We need Clarity…the world is passing us by" Pass it pic.twitter.com/oW40FdqHFr— Bitcoin Magazine (@BitcoinMagazine) August 6, 2026 Cuomo added that Democrats wanted to “raise in the campaign” the issue of the Trump family making money in crypto — and so were continuing to bring up the issue of ethics. ...