Bitwise's Matt Hougan says a younger incoming Congress may matter more to crypto than party control

Hougan expects short-term volatility and investigations into Trump-linked projects, including Trumpcoin and World Liberty Financial◼, plus risks for prediction markets. Elizabeth Warren is likely to chair the Senate Banking Committee, and Stand With Crypto◼ says at least 241 House members have an A or B rating. The reported Democratic draft would add stricter custody rules, monthly proof-of-reserve checks, SIPC-like customer protection and ethics rules covering Donald Trump and other federal officials, with more SEC⬟ and less CFTC⬟ authority. Watch whether the draft advances.

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