Former NY Governor Andrew Cuomo: Tokenization Outpacing Washington's Regulatory Efforts

Former New York Governor and OKX board member Andrew Cuomo stated that tokenization is rapidly moving into mainstream markets, shifting the focus from whether blockchain will be adopted to how existing markets will integrate it. Cuomo noted that while the SEC's September 17 'innovation exemption' framework offers a five-year pilot for trading tokenized US stocks via licensed AMMs, it cannot replace comprehensive legislation. He emphasized that regulatory clarity is essential for capital and infrastructure investment, noting that the US Senate recently failed to advance the CLARITY Act.