According to Fox News, Andrew Cuomo's entry into the New York City mayoral race underscores the Democratic Party's ongoing focus on political dynasties, raising questions about policy continuity and potential regulatory impacts. Crypto traders are monitoring this development closely, as Cuomo's history of regulatory actions could influence future cryptocurrency policy in New York, a key US crypto hub (Fox News, June 19, 2025). Any changes in local leadership could affect licensing and compliance requirements for crypto exchanges, potentially impacting BTC and ETH trading volumes.