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Crypto industry faces election losses: Is the CLARITY Act now at risk?

Crypto industry faces election losses: Is the CLARITY Act now at risk?

Photo: crypto.news

The crypto industry has suffered major political setbacks after Democrats won control of both chambers of Congress in the November 3 U.S. midterm elections. Democrats have won control of both chambers of Congress in the November 3 U.S. midterm elections, changing the political outlook for cryptocurrency legislation. Former Senate Banking Committee Chair Sherrod Brown defeated Republican Jon Husted in Ohio despite substantial crypto industry spending against him. Crypto-friendly Republicans Bryan Steil, Zach Nunn and Ann Wagner lost their House seats, according to election reporting.

Source: crypto.news

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