If the Democrats lose control of one or both houses, it would make the remainder of Biden’s term increasingly more difficult, slowing the pace of legislation or stalling it altogether.
Democrats’ stance on crypto is complex
Within the Democrat, camp are crypto-positive representatives such as Ritchie Torres and Jim Himes, as well as highly crypto-critical Senators such as Elizabeth Warren and Sherrod
The Republicans are seen as generally more pro-crypto than their Democrat rivals
In recent years the red state of Texas has become a major hub of crypto activity and mining, and Republicans have pushed back on SEC overreach in cryptocurrency.
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