Bitwise's Matt Hougan says a younger incoming Congress may matter more to crypto than party control
REGULATIONBitwisecoinbrief/daily · 1 source
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What happened
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.
For IT people · Written by AI from 1 source · Wrong?
What to do
- Watch for the reported House Democratic crypto market structure bill and whether it advances.
- Watch for the investigations into Trump-linked crypto projects that Hougan expects.
Written by AI from the sources, checked against them
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Who reported · 1 outlet
CryptoPotato
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