• Key insight: Several senior banking Republicans are welcoming campaign help from the crypto industry in an election year when even traditionally strong red districts are at risk of flipping to Democrats. 
• Forward look: Most election prognosticators expect Democrats to win in the House, but while odds of flipping the Senate have improved, they remain too close to call. 

WASHINGTON —  Some of the most influential Republicans on financial services policy are facing unexpectedly competitive elections this November, and the cryptocurrency industry is coming to their rescue. 

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Fresh off a legislative defeat after a much-vaunted crypto market structure bill failed to pass the Senate last month, the crypto industry has…