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Wire · regulatory

Former New York Governor Cuomo Urges Congress to Pass Crypto Regulation Bill

19 August 2026 · By · Wire by Fusion42

Published

19 August 2026

Topic

regulatory

◆ Sectors

Fintech

◆ Geography

United States

◆ Source

Read at finance.biggo.com →

◆ Verified

Fusion42 · 21 August 2026 · Fusion42 review

Former New York Governor Andrew Cuomo urged the US Congress to pass the CLARITY Act to establish a clear federal regulatory framework for digital assets, warning the US is falling behind the EU in crypto regulation. The Act aims to clarify regulatory jurisdiction for digital asset types to ease compliance burdens on companies and prevent market migration overseas.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ ◆ The Wire takeaway

You must prepare for federal crypto rules that will reshape compliance and market access as US lawmakers push the CLARITY Act. Delay risks losing business to Europe and regulatory chaos that will stall your growth.

◆ Coverage

1 source · 19 Aug 2026

◆ Related on Wire

◆ Topics

Fintechcryptodigital-assetsregulationUS-congressCLARITY-Act