Morenos Blockchain Victory: Crypto-Friendly Era in Senate Banking Committee

Bernie Moreno, a blockchain businessman, has defeated Sherrod Brown in the Senate race in Ohio, ending Brown’s long tenure in the Senate. This victory also contributed to the Republicans taking control of the Senate majority. As the Democratic chairman of the Senate Banking Committee, Brown had been a significant obstacle for the passage of crypto legislation.

With his departure, the new GOP chairman is expected to be more open to welcoming cryptocurrency legislation and potentially moving it forward.

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