The Republican majority in the Senate could mean that the US Congress will become more supportive of cryptocurrencies

On November 6th, the US Republican Party gained control after securing key seats in the Senate of Ohio and West Virginia, that is, the Republican Party has obtained majority control of the US Senate, which also brings a bright future for cryptocurrency regulation, as the Republican-dominated Senate is expected to prepare for the introduction of clearer cryptocurrency regulations, indicating that the United States will shift to policies that benefit the industry.
It is reported that the US Senate may eventually clarify cryptocurrency regulations, and the new Senate may review delayed business-friendly bills such as the Digital Commodities Consumer Protection Act, which would give the Commodity Futures Trading Commission (CFTC) exclusive jurisdiction over digital asset transactions.