Trump Leads Way For a Crypto Sweep in Congress
The cryptocurrency industry took a victory lap Wednesday. Devotees of digital currencies had cause to celebrate: An ally in Donald Trump had taken the White House and a slew of pro-crypto congressional candidates won races that included at least two Senate seats.
Only two years after the spectacular collapse of frauds like Sam Bankman-Fried ushered in a “crypto winter” in Washington, the industry wielded a $200 million campaign bankroll to buy itself back into D.C.’s good graces.
Crypto-backed candidates were close to running the table in Senate races after the election of Republican Bernie Moreno in Ohio and Democrat Elissa Slotkin in Michigan. The election of Trump, who has promised to make America the world’s…
