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Crypto industry’s $130 million investment in US Congress is paying off
The crypto industry spent $130 million supporting pro-crypto congressional candidates in the 2024 election, and it’s already seeing a massive return on investment. In just eight months, the Trump administration and Congress approved new laws and regulations that will officially bring cryptocurrency into the U.S. financial system. According to Stand with Crypto, which tracks key races, 253 pro-crypto candidates were elected to the House of Representatives and 16 were elected to the Senate. Sen. Tim Scott, R-S.C., flew to Jackson Hole, Wyoming, this week, where he thanked the crypto industry for its financial ... (full story)
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