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2026-10-20 19:03:35 UTC

RWATimes on Nostr: 📰 Andrew Cuomo faces blowback as he plugs NYSE owner's Chinese joint venture for ...

📰 Andrew Cuomo faces blowback as he plugs NYSE owner's Chinese joint venture for crypto-based stock exchanges
🗓️ Oct 20 2026 18:23 UTC - Taylor Herzlich

Former Gov. Andrew Cuomo has landed in the middle of a crypto fracas as he backs tokenized stock exchanges – a new crypto-based trading model that has incited blowback from major companies and traditional stock exchanges.

➤ Former Governor Andrew Cuomo is co-chairing OKXICE, a joint venture aiming to launch tokenized stock exchanges that allow 24/7 global trading of equities.
➤ The initiative faces significant blowback from major companies and traditional finance experts concerned about regulatory oversight, pricing disparities, and potential market manipulation.
➤ Despite objections and concerns about regulatory clarity, OKXICE plans to proceed, with proponents highlighting efficiency gains and the potential for transforming finance.

#andrewcuomo #tokenizedstockexchanges #okxice #intercontinentalexchange #newyorkstockexchange #crypto #securities #regulation #blowback #247trading

🔗 Read more at: https://rwatimes.io/articles/nypost-andrew-cuomo-faces-blowback-as-he-plugs-nyse-owners-chinese-joint-venture-for-crypto-based-stock-exchanges-842711942