**[Andrew Cuomo: The Crypto Industry Leans Toward Republicans, Alienates Democrats, Needs Bipartisan Support to Advance the CLARITY Act]** Odaily Planet Daily News – Former New York Governor Andrew Cuomo stated during a panel discussion at Token2049, alongside OKX CEO Star Xu, that the crypto industry heavily supports the Republican Party, which has alienated the Democratic Party support necessary to advance the CLARITY Act. During the 2026 election cycle, political action committees focused on the crypto industry have spent $54.3 million supporting Republicans, $26.2 million supporting Democrats, and an additional $23.2 million opposing Democrats. As of Thursday, Kalshi prediction markets show a 61% probability of Democrats winning control of both chambers of the U.S. Congress. Cuomo noted that a Democrat-controlled Congress might roll back regulatory agencies' crypto policies or collaborate with the Trump administration to push forward a comprehensive CLARITY Act. He emphasized that Democrats are not opposed to crypto technology, which can provide financial services to populations previously unable to access them. In July 2025, 78 House Democrats joined 216 House Republicans in voting to pass the CLARITY Act. (Cointelegraph)