Donald Trump

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You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/donald-trump-returns-to-the-white-house-with-strong-crypto-support/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Donald Trump Returns to the White House with Strong Crypto Support</a> 
Donald Trump, who won the 2024 U.S. presidential election, returns to the White House with significant support from cryptocurrency-friendly voters. Cryptocurrency donations through Super PACs have had a notable impact on the future of the crypto industry in the U.S. in recent months.
<h2 style="text-align: justify" id="strong-status-of-crypto-friendly-candidates-in-congress-strong">Status of Crypto-Friendly Candidates in Congress</h2>
According to data from Stand With Crypto, 226 pro-crypto candidates were elected to the House of Representatives, while 107 anti-crypto candidates lost their seats. In the Senate, there will be 14 crypto-friendly senators and 9 anti-crypto senators. These results indicate that supporters of <a href="https://en.coin-turk.com/altcoins-gain-significance-compared-to-bitcoin/" data-wpel-link="internal" rel="noopener noreferrer nofollow">cryptocurrency</a> have gained a significant position in Congress.
As reported by Fox News Decision Desk, Republican businessman Bernie Moreno achieved a significant victory by defeating Democrat Sherrod Brown in Ohio. This victory contributes to the Republicans’ approach to a Senate majority. Moreno’s success in replacing the anti-crypto Brown suggests that voters in Ohio desire a leader who supports innovation.
<h2 style="text-align: justify" id="strong-ted-cruz-and-other-crypto-friendly-candidates-strong">Ted Cruz and Other Crypto-Friendly Candidates</h2>
Texas Senator Ted Cruz secured his third term by defeating Democrat opponent Colin Allred. Cruz is recognized as a strong advocate for Bitcoin , supported by Bitcoin Voter PAC. Democratic Representatives Ritchie Torres and Dan Goldman also achieved success in their respective elections. 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.
Ripple CEO Brad Garlinghouse celebrated the success of pro-crypto candidates, stating, “Crypto voters have proven to be a permanent force.” <a href="https://en.coin-turk.com/ftx-insufficient-security-measures-led-to-millions-of-dollars-in-losses/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Coinbase</a> CEO Brian Armstrong emphasized that the election results demonstrate significant interest in cryptocurrency, expressing hope for progress on clear regulations in the new Congress.
Coinbase Chief Legal Officer Paul Grewal called on the <a href="https://en.coin-turk.com/bitcoin-price-analysis-will-btc-rally-continue-after-high-employment-data/" data-wpel-link="internal" rel="noopener noreferrer nofollow">SEC</a> to transition from litigation to dialogue regarding cryptocurrency, asserting that it is time to establish clear rules. Trump’s reelection and the success of pro-crypto candidates signal a major shift in U.S. cryptocurrency policies, with expectations for more pro-crypto representatives in both the House and Senate.
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Donald Trump Returns to the White House with Strong Crypto Support

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