Republican

United

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/trump-wins-presidency-with-backing-from-crypto-voters" data-wpel-link="internal" rel="noopener noreferrer nofollow">Trump Wins Presidency with Backing from Crypto Voters</a><br></p>
<p style="text-align: justify">Donald Trump, having emerged victorious in the 2024 U.S. presidential election, is set to return to the White House with robust backing from voters in the cryptocurrency sector. The impact of cryptocurrency donations through Super PACs has been significant, shaping the future landscape of the crypto industry in the United States.</p>
<h2 style="text-align: justify" id="how-did-crypto-friendly-candidates-fare-in-congress">How Did Crypto-Friendly Candidates Fare in Congress?</h2>
<p style="text-align: justify">Recent data reveals that 226 candidates supportive of cryptocurrency secured seats in the House of Representatives, while 107 opponents were ousted. In the Senate, there will be 14 pro-crypto senators compared to 9 anti-crypto counterparts. These outcomes illustrate a marked rise in cryptocurrency advocates within Congress.</p>
<h2 style="text-align: justify" id="what-are-the-implications-of-ted-cruz-s-and-others-wins">What Are the Implications of Ted Cruz’s and Others’ Wins?</h2>
<p style="text-align: justify">In a notable victory, Republican entrepreneur Bernie Moreno defeated Democrat Sherrod Brown in Ohio, furthering the Republican agenda toward a Senate majority. This win reflects Ohio voters’ preference for leaders who champion innovation. Texas Senator Ted Cruz also retained his seat, supported by <a href="https://en.bitcoinhaber.net/blackrocks-chief-signals-confidence-in-bitcoins-role-in-modern-asset-management" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> Voter PAC, reinforcing his pro-Bitcoin stance.</p>
<p style="text-align: justify">The success of these pro-crypto candidates highlights several key points:<br> – A substantial number of pro-crypto representatives in Congress indicates increasing legislative support for the sector.<br> – Voter enthusiasm for cryptocurrency is likely to push for clearer regulations moving forward.<br> – Key industry figures like <a href="https://en.bitcoinhaber.net/massive-xrp-transfer-sparks-market-speculation" data-wpel-link="internal" rel="noopener noreferrer nofollow">Ripple</a>’s CEO and Coinbase’s leadership express optimism for future dialogues with regulatory bodies.</p>
<p style="text-align: justify">The reelection of Trump, coupled with the triumph of pro-crypto candidates, suggests a pivotal moment for U.S. cryptocurrency regulations. Stakeholders anticipate a more favorable environment for crypto-related policies in the upcoming Congress.</p>
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/trump-wins-presidency-with-backing-from-crypto-voters" data-wpel-link="internal" rel="noopener noreferrer nofollow">Trump Wins Presidency with Backing from Crypto Voters</a></h5>

Trump Wins Presidency with Backing from Crypto Voters

Table of Contents

BH NEWS

Other articles published on Nov 6, 2024

Bitcoin’s Trillion-Dollar Liquidity Finds New Purpose with Chainlink BTCFi Integration

The intersection of Trump’s promises and Bitcoin’s $250,000 forecast

Trump’s Victory: A New Chapter for U.S. Crypto Industry

Will Gary Gensler Resign by December? Here’s When We Could See a New SEC Chair

Korea Digital Asset Exchange Association (DAXA) express concerns over Orbs and TEMCO

Dogecoin Founder Responds as DOGE, BTC Skyrocket

Join our free newsletter for daily crypto updates!