Andrew Cuomo, former New York governor and OKX board member, is urging the crypto industry to balance its political support between Democrats and Republicans to achieve durable federal legislation. His argument is that crypto rules only pass and only last when both parties have a stake in them. The CLARITY Act, aimed at clarifying jurisdiction between the SEC and CFTC over digital assets, failed in the Senate when a cloture vote fell short 49-50 on September 15, 2026. Cuomo warns against relying on agency actions, which can reverse quickly after an election. The former governor joined OKX’s board in July 2026 and co-chairs a joint venture with Intercontinental Exchange (ICE), parent company of the NYSE, focused on tokenized assets.
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