A Republican sweep is the best result for the digital assets sector and could bring positive regulatory change, the report said.
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The latest crypto election poll illustrates — according to its industry sponsor — that single-issue crypto voters exist. That’s a point the industry has been seeking to score for months, and its potential ramifications in future Washington policy discussions could run deep.
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US election 2024: Trump wears garbage collector uniform as Harris appeals to Gen Z- Live Updates
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Congressman Andy Barr (R-Ky.) is one of the lawmakers running to succeed U.S. House Financial Services Committee Chair Patrick McHenry (R-N.C.) as the head of the Republican wing of the committee, which oversees regulators like the Securities and Exchange Commission and is responsible for shepherding legislation that might affect the U.S. capital markets and banking sectors, among others. He shared some of his thoughts on what his crypto priorities might be during an aside at the Flyover Fintech conference on Monday.
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The colossal campaign spending from the cryptocurrency industry is showing up in dominant fashion in Ohio’s U.S. Senate race, where its political action committees have devoted $40 million to support Republican Bernie Moreno’s opposition of Sen. Sherrod Brown (D-Ohio), the crypto-skeptical chairman of the Senate Banking Committee.
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