Stand With Crypto
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- In the news by Bitcoin MagazineStand With Crypto says over 300 pro-crypto lawmakers will enter Congress
- In the news by CryptoPotatoBitwise's Matt Hougan says a younger incoming Congress may matter more to crypto than party control
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Stand With Crypto says over 300 pro-crypto lawmakers will enter Congress
Stand With Crypto's executive director, Mason Lynaugh, told Bitcoin Magazine that 29 of its 45 endorsed candidates won in the midterms. He says the number of pro-crypto members has risen from about 96 in 2023 to over 300 for the 120th Congress. He credits crypto voters with tight wins, such as Darren Soto's Florida 9 race.
Bitwise's Matt Hougan says a younger incoming Congress may matter more to crypto than party control
Bitwise CIO Matt Hougan says the younger intake of lawmakers matters more for crypto than which party holds power. Incoming senators are on average 14 years younger than those leaving, and the number under 50 rose from eight to 15, while Stand With Crypto counts 51 pro-crypto senators, down from 52. House Democrats reportedly want a market structure bill expanding SEC oversight and reducing CFTC authority, building on Maxine Waters' amendment to the CLARITY Act.