The Democratic Party staged a remarkable comeback in the U.S. midterm election conducted on Nov. 3, snatching victories in Republican strongholds like Texas and South Carolina.

The shift in congressional control to Democrats could pose challenges to the crypto industry’s influence over Washington policymaking. 

But BlackRock‘s (NYSE: BLK) head of digital assets Robert Mitchnick said the election results don’t change the asset manager’s crypto strategy.

Related: Trump Media just moved $342 million in Bitcoin, sparking fresh speculation

Democratic control of Congress curtails crypto industry’s control of Congress

This midterm, all 435 seats in the House of Representatives and…