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Midterms: A Democratic Congress Can't Ban Bitcoin, But It Can Reach Many Intermediaries
Source: seekingalpha.com
Elections & Domestic PoliticsRegulation & LegislationCrypto & Digital Assets
Prediction markets put Democrats at roughly 93% odds of winning the House and 70% odds of winning the Senate after the CLARITY Act failed in a Republican Senate. A Democratic Congress could not legislate over a presidential veto, but would control committees and investigations and could affect confirmation of SEC and CFTC nominees.
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