🏴 Crypto's Midterm Stakes
A new Congress could mean more hearings than bills for crypto.
This is the summary Bankless publishes in its feed. The full article lives on their site.
Related
Justin Sun seeks $264K sanctions over World Liberty’s UAE disclosure
Sun plans to refile his token-freeze lawsuit in California state court after the sanctions motion is resolved. A hearing is set for Dec. 10.
Democrats Sweep Congress as Sherrod Brown Survives Crypto’s Ohio Spending Push
The industry spent tens of millions of dollars trying to keep Brown out of the Senate, and now faces a Banking Committee that Elizabeth Warren appears poised to lead. The post Democrats...
Democrats win US House to secure control of Congress in midterms
Democrats will take control of House committees in January 2027, giving them power to investigate President Donald Trump’s administration.
Democrats Win House, Gaining New Leverage Over Crypto Legislation
The incoming majority will control key House committees and oversight, while the CLARITY Act remains stalled at the Senate floor.
Bitcoin bounces from 7-week low under $76K as Democrats sweep Congress
Bitcoin price downside reached a seven-week-low of $75,618 as 24-hour crypto long liquidations neared $300 million.
Block Reaches $964 Million DOJ Deal in Principle Over AML Lapses
Credits for prior regulatory resolutions would reduce the payment to about $764 million. Separately, bitcoin ecosystem gross profit fell 50%, primarily because of Cash App fee cuts.