Golden age is coming: Over 250 pro-crypto candidates enter Congress

Preliminary results of the U.S. Congressional elections show that more than 250 candidates who support the digital asset sector have made it into the new legislature.

As FOX Business reports, the elections were held simultaneously with the presidential election, won by Donald Trump. Journalists note that representatives of the digital asset industry donated more than $200 million to pro-cryptocurrency candidates, which is a record amount.

Some crypto supporters could bypass experienced legislators who have been in Congress for many years. For example, in Ohio, Republican Bernie Moreno defeated Democrat Sherrod Brown, who had been in Congress for 18 years. In Pennsylvania, votes are still being counted in the standoff between Bitcoin Bitcoin btc-0.36%

Bitcoin supporter Dave McCormick and Democrat Bob Casey.

Other pro-crypto winners include Jim Justice (West Virginia), Jim Banks (Indiana), Kirsten Gillibrand (New York), and Ted Cruz (Texas). Financial support from industry insiders also helped achieve success in Arizona, California, Colorado, Iowa, Michigan, and Virginia.

Experts point out that most of the latest members of Congress who support digital assets are Republicans, who traditionally advocate for the rapid integration of cryptocurrencies into the country’s financial system. Representatives of the crypto sector continue to discuss Trump’s victory, confident that his return to the White House could lead to a “golden age” for the industry.