America’s ‘Most Pro-Bitcoin Congress Ever’ Has Promises to Keep

Newly elected pro-crypto lawmakers are entering the U.S. Congress with a pre-determined agenda to drive the Bitcoin narrative.

Cryptocurrency players went into the U.S. general elections to gain influence and shape policy outcomes. At $238 million, their campaign spending easily outsized the election budgets of the oil and pharmaceutical industries.

The industry lined up with “crypto candidate” Donald Trump, demanded an end to punitive regulation, and poured millions of dollars into sympathetic legislative campaigns from both parties.

Now, crypto is poised for a big pay-off as the dust finally settles on a high-stakes showdown. According to Stand with Crypto, an industry political action committee, 271 pro-crypto candidates have been elected to Congress, as opposed to 122 anti-crypto candidates.

Trump’s victory is the crown jewel of the new dispensation, as “crypto bros” also lead 19 to 12 in the Senate. Coinbase CEO Brian Armstrong described the incoming assembly as America’s most pro-crypto Congress to date.

“Americans disproportionately care about crypto and want clear rules of the road for digital assets,” Armstrong said via X. “We look forward to working with the new Congress to deliver it.”

It is also a reminder from one of the big election financiers that the new Congressional representatives have promises to keep.

Some renowned crypto investors like Dave McCormick, who defeated Bob Casey in Pennsylvania, are entering Congress with a pre-determined agenda to drive the crypto narrative.

Two weeks ago, responding to an endorsement by the Coinbase CEO, McCormick said, “We need leaders in Washington who recognize that blockchain and crypto are an economic engine.”