269 Pro-Crypto Candidates Voted In to House of Representatives and Senate: Stand With Crypto

Coinbase-backed digital asset advocacy group Stand With Crypto says greater than 250 pro-crypto candidates have been voted into Congress.

In response to the nonprofit, final evening’s presidential election — wherein Donald Trump defeated Vice President Kamala Harris — additionally included victories for 257 pro-crypto candidates within the Home of Representatives and 16 within the Senate.

Nonetheless, Stand With Crypto’s knowledge additionally exhibits that 115 anti-crypto politicians had been voted into the Home of Representatives, whereas 12 of them received their respective Senate races.

Professional-crypto candidates got here largely from the states of California (20), Texas (30), Florida (21), Georgia (10), Michigan (10), New York and Pennsylvania, each of which had 12.

Notable winners included Dave McCormick, who received a Senate seat in Pennsylvania. Earlier this 12 months, McCormick emphasised the significance of embracing blockchain expertise to create new jobs and improve nationwide safety.

John Deaton, who has represented XRP and crypto holders in courtroom a number of occasions, has didn’t defeat incumbent Elizabeth Warren of Massachusetts, a widely known anti-crypto senator. Deaton misplaced the race by greater than 600,000 votes.

In a brand new put up on social media platform X, Coinbase CEO Brian Armstrong says the election outcomes present that People care disproportionately about crypto.

“Welcome to the brand new members of America’s most pro-crypto Congress ever… There at the moment are greater than 219 pro-crypto candidates elected to the Home and Senate.

Tonight, the crypto voter spoke decisively – throughout get together strains and in key races throughout the nation. People care disproportionately about crypto and wish clear guidelines of the street for digital property. We sit up for working with the brand new Congress to make this a actuality.”

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