Elizabeth Warren Wins Massachusetts Senate Seat, Defeats Crypto Advocate John Deaton

Democratic Senator Elizabeth Warren from Massachusetts clung to her Senate seat in a landslide victory over Republican challenger John Deaton, an attorney who is friendly toward cryptocurrencies.

According to the Associated Press, by 10:20 p.m. ET, she had 61.2% of the vote, well ahead of Deaton’s 38.8%.

Warren’s re-election to a fourth term reflects a growing divide in crypto regulations, as her campaign doubled down on criticisms of the digital asset industry. The two candidates represent opposing camps on the issue because Warren has taken a hard-line stance in opposition to the industry and Deaton has urged more accommodation.

Warren has stayed amongst the most outspoken crypto critics, calling for increasing control over…

Source link