Bitwise Head of Research Ryan Rasmussen posted a breakdown of Senate seats on X this afternoon: after the midterm elections, 51 senators across 31 states have expressed support for crypto, with both senators on the same side in 19 of those states.
The post ended with a question: Will this Senate finally pass major crypto legislation?
Fifty-one seats is just over half. To advance a comprehensive market-structure bill, the Senate still needs 60 votes to end debate. Between a majority and getting a bill across the finish line lies a round of bipartisan negotiations. Seats are won at the ballot box; bills are forged through procedure.
Seats are just the entry ticket. The legislative calendar will determine when the result of this line arrives: $BTC . With less than two years left in this Congress, the priorities among stablecoins, market structure, and taxes are still being debated.
We’ll see who gets a seat at the table first next year.
#比特币 #USMidtermElections
The post ended with a question: Will this Senate finally pass major crypto legislation?
Fifty-one seats is just over half. To advance a comprehensive market-structure bill, the Senate still needs 60 votes to end debate. Between a majority and getting a bill across the finish line lies a round of bipartisan negotiations. Seats are won at the ballot box; bills are forged through procedure.
Seats are just the entry ticket. The legislative calendar will determine when the result of this line arrives: $BTC . With less than two years left in this Congress, the priorities among stablecoins, market structure, and taxes are still being debated.
We’ll see who gets a seat at the table first next year.
#比特币 #USMidtermElections
