Democrats secured a majority in the US Senate after Senator Josh Turek won the Iowa race, bringing Democrats and independents who caucus with them to 51 seats. The shift could revive debate over the CLARITY Act, whose procedural vote failed 49-50 in September, and reshape committee leadership overseeing the industry. It could also increase congressional scrutiny of Donald Trump’s crypto businesses and regulators’ decisions. Ethereum France president Jerome de Tychey said nothing will pass without bipartisan support and that the industry will need to make its case again on the substance of blockchain regulation.
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