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Crypto-Friendly Candidates Sweep Into Office
Trump's win last night wasn't the only election stoking enthusiasm in the crypto industry.
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So far, in the House and Senate, the election of pro-crypto candidates outweighs those with anti-crypto positions.
What’s the Scoop?
- House Gains: 253 pro-crypto candidates won seats in the U.S. House of Representatives, while 115 candidates expressing anti-crypto positions were elected.
- Senate Gains: The Senate saw 16 pro-crypto candidates elected, with 12 anti-crypto candidates securing seats.
- Majority of Races: In total, across the U.S, pro-crypto candidates have been elected in 45 out of 50 states, with some races still concluding.
Bankless Take:
Yesterday is shaping up to be a crypto sweep as the majority of elected officials bring pro-crypto or crypto-friendly policy positions with them to office. While a few key races, such as in Arizona, Michigan, and Nevada Senate, are still wrapping up, this wave of supportive officials could signal a critical juncture for our industry in the U.S. For the first election where crypto has ever really been on the ballot, these results appear truly historic.
