Democrats surge toward Senate, House majorities, with crypto braced for new direction

From the source

The dominance of Republicans in all three government branches has been broken by the midterms, and the industry will feel the result as Congress changes hands. The U.S. Congress is expected to be under new management next year as a shockwave of Democratic victories spread across Tuesday's midterm elections. The party is now projected to take control of the country's legislative agenda and to threaten a less welcoming environment for crypto in the committees the industry will need for future legislation. The crypto industry's massive election spending against former Senator Sherrod Brown in Ohio also failed to keep the Democrat from winning a return ticket to Washington, according to the latest tally that's expected to put a particularly energized crypto critic back into the Senate to potentially make things more difficult for digital assets causes. Ohio wasn't the only place where Republicans took a beating as election night saw Democrats projected to pick up a majority of Senate…

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