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Deep DiveNov 7, 20263 min readThe Block
Democratic sweep forces crypto industry to rethink strategy
The recent Democratic sweep of Congress has prompted the crypto industry to overhaul its Washington lobbying efforts. Analysts suggest that previous legislative goals may now be stalled.
With Democrats taking control of both the House and Senate, the political landscape for digital assets has shifted dramatically. Industry advocates are now re-evaluating their approach to key lawmakers and regulatory bodies. Experts warn that previously optimistic legislative timelines, such as those for the Clarity Act, are unlikely to materialize in the current political climate.
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