Welcome DT News

  • CONTACT
  • ABOUT US
Deythere
  • Home
  • News
    Troller Cat crypto presale
    CryptoMarketNewsSponsored Article

    Get In Soon: Troller Cat Leads the Best Meme Coins to Buy Today With 1,773% ROI, While Mubarak Lifts and Degen Wavers

    What if the next 18x crypto isn’t hyped by influencers, but by…

    By
    Benedikt Krüger
    June 21, 2025
    Previsão de ROI do estágio 9 do Troller Cat
    NewsCryptoSponsored Article
    Floki Price Prediction: $0.00007374 Floor or Trap? Troller Cat Might 18x First With Real Utility
    June 20, 2025
    image 20 Haz 2025 19 43 11
    CryptoMarketNews
    Crypto Slips Again as U.S.-China Tech Tensions Escalate
    June 20, 2025
    image 20 Haz 2025 19 39 41
    CryptoMarketNews
    Fitch & Fed Sound the Alarm: Is Crypto Poised for a Breakout Amid Global Uncertainty?
    June 20, 2025
    Trump’s World Liberty Financial Stake Drops to 40%: Conflict Concerns Persist
    NewsCryptoMarket
    Trump’s World Liberty Financial Stake Drops to 40%: Conflict Concerns Persist
    June 20, 2025
  • Cryptocurrency
    Troller Cat crypto presale
    Get In Soon: Troller Cat Leads the Best Meme Coins to Buy Today With 1,773% ROI, While Mubarak Lifts and Degen Wavers
    6 Min Read
    Previsão de ROI do estágio 9 do Troller Cat
    Floki Price Prediction: $0.00007374 Floor or Trap? Troller Cat Might 18x First With Real Utility
    9 Min Read
    image 20 Haz 2025 19 43 11
    Crypto Slips Again as U.S.-China Tech Tensions Escalate
    3 Min Read
    image 20 Haz 2025 19 39 41
    Fitch & Fed Sound the Alarm: Is Crypto Poised for a Breakout Amid Global Uncertainty?
    5 Min Read
    Trump’s World Liberty Financial Stake Drops to 40%: Conflict Concerns Persist
    Trump’s World Liberty Financial Stake Drops to 40%: Conflict Concerns Persist
    6 Min Read
    $58M XRP Whale Transfer Sparks ETF Speculation, But Price Remains Unshaken
    $58M XRP Whale Transfer Sparks ETF Speculation But Why Price Remains Unshaken
    6 Min Read
    Previous Next
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Reading: Crypto-Friendly Wave Sweeps Through U.S. Congress as Election Results Boost Digital Assets
Share

[ccpw id=”7831″]

DeythereDeythere
Font ResizerAa
  • Home
  • Crypto
  • Market
  • News
  • Blockchain
  • Contact
Search
  • Home
  • News
  • Cryptocurrency
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Have an existing account? Sign In
Follow US
© DT News. All Rights Reserved.
Deythere > News > News > Crypto-Friendly Wave Sweeps Through U.S. Congress as Election Results Boost Digital Assets
News

Crypto-Friendly Wave Sweeps Through U.S. Congress as Election Results Boost Digital Assets

a pro crypto shift in the U.S. Congress following the recent election. The image features prominent symbol
Ezeudo Nwosu
Last updated: November 6, 2024 10:37 am
By
Ezeudo Nwosu
Published November 6, 2024
3 Min Read
Share

With Donald Trump winning the 2024 U.S. presidential election, bolstered by a wave of support from crypto-backed voters, the future for the cryptocurrency industry in the U.S. appears brighter. Over recent months, significant crypto donations via Super PACs have played a pivotal role in shaping the landscape of the crypto industry in the country.

Contents
Crypto-Friendly Candidates Gain Ground in CongressTed Cruz and Other Crypto Advocates WinIndustry Reactions to Pro-Crypto Election Wins

Crypto-Friendly Candidates Gain Ground in Congress

According to Stand With Crypto data, 226 crypto-friendly candidates have been elected to the House of Representatives, while 107 crypto-opposing representatives lost their seats. In the Senate, 14 crypto supporters and 9 opponents will now hold office, giving pro-crypto advocates a stronger foothold in Congress.

Fox News Decision Desk reports that Ohio Republican businessman Bernie Moreno claimed a notable victory over Democrat Sherrod Brown, bringing Republicans closer to a Senate majority. Known for his anti-crypto stance, Brown’s replacement by Moreno reflects Ohio voters’ preference for innovative leadership. Moreno’s campaign received strong backing from prominent crypto figures, including Brian Armstrong, Marc Andreessen, and Chris Dixon, who together donated $54,600 to support his vision.

Ted Cruz and Other Crypto Advocates Win

Texas Senator Ted Cruz secured a third term, defeating Democrat Colin Allred. Cruz, supported by the Bitcoin $73,670 Voter PAC, is widely recognized as a staunch advocate for Bitcoin. Meanwhile, Democrat Representatives Ritchie Torres and Dan Goldman also won their races, with crypto PAC Protect Progress donating $150,853 to Goldman and $110,148 to Torres. However, XRP supporter John Deaton lost his race against anti-crypto Senator Elizabeth Warren in Massachusetts, despite receiving approximately $2.6 million in donations from the crypto industry.

pro crypto wave in the U.S. Congress following recent election results. The scene features symbols of Bitcoin

Industry Reactions to Pro-Crypto Election Wins

Ripple CEO Brad Garlinghouse celebrated the success of pro-crypto candidates, stating, “The crypto voter has proven to be a lasting force.” Coinbase CEO Brian Armstrong echoed this sentiment, emphasizing that Americans want clear crypto regulations and expressing enthusiasm to work with the new Congress to make progress. Coinbase Chief Legal Officer Paul Grewal also urged the SEC to “stop litigating crypto and start engaging in dialogue,” calling for a more structured regulatory framework.

With Trump back in office and pro-crypto candidates gaining influence, the U.S. is expected to see a notable shift in its crypto policies. Backed by Super PACs and industry support, the presence of crypto advocates in Congress signals a potentially transformative period for digital assets in America.

cryptocurrency, crypto-friendly, Congress, pro-crypto, Super PAC

Advertising

For advertising inquiries, please email . [email protected] or Telegram

Trident Targets $500M XRP Reserve in Bold Institutional Crypto Play

Cryptos Impacted by 8 Major Events This Week! What Happened?

Transfer Volume Triples! Solana Shines Amid Surge

XRP vs Solana: Who Will Rule the 2025 Bull Run?

Bitcoin and Ethereum ETF Inflows Rise, But Market Faces Near-Term Risks

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
ByEzeudo Nwosu
Ezeudo Nwosu is a blockchain and cryptocurrency professional with over 8 years of experience in the industry. With a background in software engineering, Ezeudo has been at the forefront of developing innovative blockchain solutions that address key challenges in various sectors. His work includes leading blockchain integration projects and advising on the creation of decentralized applications (dApps). Ezeudo is recognized for his deep technical knowledge and his ability to translate complex blockchain concepts into practical applications. At DT NEWS, he offers expert insights into the latest developments in blockchain technology and cryptocurrencies, helping readers stay informed about the future of digital finance.
Previous Article high stakes cryptocurrency bet resulting in significant loss. The image features a large stack of USDC c A Costly Bet: Investor Faces $5 Million Loss on Kamala Harris Election Gamble
Next Article the potential rise of XRP amid U.S. election results. The image features a prominent XRP symbol ascending on a Could Trump’s Victory Send This Altcoin Soaring? Next Resistance at $0.66!
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Socials
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad image
Popular News
crypto 2024
Crypto Derivatives Market Heats Up as Innovative Products Emerge
crypto approval
Blockchain Revolutionizes Energy Markets with Decentralized Trading Platforms
crypto news
Cutting-Edge Mining Technologies Drive Efficiency in Cryptocurrency Production

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Deythere

DT News influence 20 million users and is the number one business blockchain and crypto news network on the planet.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Menu

  • Home
  • News
  • Sitemap
© DT News. All Rights Reserved.
Banner 1
Banner 2
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

  • English
  • Português (Portuguese)