Crypto-friendly Congress steps into power
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You already know a bunch of pro-crypto political candidates won their elections in November. Today marks the start of seeing what that will mean.
Well, sort of. The Republican-led House gathered just hours ago to begin voting on whether to re-elect Mike Johnson as its speaker. So there’re some other things to deal with before crypto-related matters take center stage.
But it appears they will eventually, with crypto market structure and stablecoin legislation expected to gain attention in the coming months. As mentioned yesterday, Rep. French Hill tapped Allison Behuniak — staff director of the House Financial Services…
