Regulation· ★★· neutral·

Cuomo faces blowback over promotion of NYSE owner's Chinese crypto-exchange venture

  • —Cuomo promoted a Chinese JV linked to the NYSE owner
  • —The venture targets blockchain-based stock exchanges
  • —The move drew criticism directed at Cuomo
Why it matters: Tokenized equities are becoming a flashpoint between US and Chinese interests, and political backing for such ventures could draw regulatory scrutiny.
Source: Google News (crypto query)