Coinbase-backed digital asset advocacy group Stand With Crypto says more than 250 pro-crypto candidates have been voted into Congress.
According to the nonprofit, last night’s presidential election – in which Donald Trump defeated Vice President Kamala Harris – also included victories for 257 pro-crypto candidates in the House of Representatives and 16 in the Senate.
However, Stand With Crypto’s data also shows that 115 anti-crypto politicians were voted into the House of Representatives, while 12 of them won their respective Senate races.
Pro-crypto candidates came largely from the states of California (20), Texas (30), Florida (21), Georgia (10), Michigan (10), New York and Pennsylvania, both of which had 12.
Notable winners included Dave McCormick, who won a Senate seat in Pennsylvania. Earlier this year, McCormick emphasized the importance of embracing blockchain technology to create new job opportunities and enhance national security.
John Deaton, who has represented XRP and crypto holders in court multiple times, has failed to defeat incumbent Elizabeth Warren of Massachusetts, a well-known anti-crypto senator. Deaton lost the race by more than 600,000 votes.
In a new post on social media platform X, Coinbase CEO Brian Armstrong says the election results show that Americans care disproportionately about crypto.
“Welcome to the new members of America’s most pro-crypto Congress ever… There are now more than 219 pro-crypto candidates elected to the House and Senate.
Tonight, the crypto voter spoke decisively – across party lines and in key races across the country. Americans care disproportionately about crypto and want clear rules of the road for digital assets. We look forward to working with the new Congress to make this a reality.”
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