Concerns are rising that U.S. cryptocurrency regulation could swing with election outcomes. Former New York Governor Andrew Cuomo said Congress should quickly produce bipartisan digital asset legislation that can endure changes in administration. He argued the current framework relies more on federal agencies’ administrative actions than on congressional law, leaving rules politically vulnerable. Cuomo warned uncertainty hurts companies, investors and consumers, and urged the next Congress to pass legislation authorising digital asset activity.

Prospects for passing the U.S. crypto market-structure bill known as the Clarity Act this year have become shakier in September, with industry pessimism rising. The Senate has scheduled a procedural vote on Sept. 15, but final passage would still require floor debate and further negotiations. Key disputes include stablecoin rewards and ethics provisions tied to President Donald Trump and his family’s crypto interests. Even if it fails, some expect limited immediate impact as regulators take a friendlier stance.