Democrats Control Congress, Raising Oversight Risks for Crypto Firms
Galaxy flags heightened regulatory scrutiny for crypto after Democrats win both chambers, noting limited legislative movement and continued agency rulemaking.
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Galaxy flags heightened regulatory scrutiny for crypto after Democrats win both chambers, noting limited legislative movement and continued agency rulemaking.
Haseeb Qureshi said the proposed Crypto Investor Bill of Rights from Rep. Maxine Waters is a constructive, mild ask for faster withdrawals, asset segregation and proof of reserves.
TD Cowen’s Washington analyst warns that a Democratic sweep in Congress could halt the CLARITY Act, souring the crypto regulatory climate for the next two years.