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Bitwise's Matt Hougan says Democratic Congress may have limited long-term crypto impact

NewsFeeds update

Bitwise CIO Matt Hougan said Democratic control of Congress after the midterms may have limited long-term effect on crypto, citing Stand With Crypto's count of 51 crypto-friendly senators versus 52 now. He said at least 241 House lawmakers are crypto-friendly, and flagged tougher probes of Trump-linked projects as a short-term risk.

RegulationCoinNessAINeutral

Read the original on CoinNess

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Every Regulation update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.