Andrew Cuomo warns Congress is running out of time on blockchain regulation, says families could save on fees

Former Governor Andrew Cuomo is sounding the alarm about Congress's lack of urgency in regulating blockchain technology, emphasizing that timely action could help families reduce their financial costs. Cuomo, who co-chairs a project with OKX and the NYSE parent company, is pushing for clearer regulations to foster innovation while safeguarding consumers. This initiative highlights the potential for blockchain to revolutionize cost efficiency across various sectors, making it a critical issue for policymakers to address swiftly.