Former New York Governor Andrew Cuomo warned that the crypto industry’s heavy financial support for Republicans is alienating Democrats and jeopardizing the passage of federal legislation like the CLARITY Act. Speaking at Token2049, Cuomo stated that advancing bills requires bipartisan backing and that the current strategy of investing predominantly in one party undermines legislative success. Data from Tech Influence Watch shows crypto-related PACs contributed $54.3 million to Republicans versus $26.2 million to Democrats in the 2026 election cycle, with an additional $23.2 million spent opposing Democratic candidates. Cuomo rejected the narrative that Democrats are inherently anti-crypto, arguing the technology aligns with Democratic ideals by expanding financial access to underserved populations.