regulation ·

Democrats surge toward Senate, House majorities, crypto braces for new direction

The industry is poised for a shift in trajectory as the composition of Congress undergoes changes following the midterms, which ended the Republican hold across the Senate, House, and executive…


The industry is poised for a shift in trajectory as the composition of Congress undergoes changes following the midterms, which ended the Republican hold across the Senate, House, and executive branch.

The shift in governmental control means that the crypto sector will experience the ramifications of this change in legislative power.

This alteration in the makeup of governmental bodies signals a potential pivot point for the cryptocurrency sector.

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Reported by CoinDesk.

Topics: regulation.

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