Crypto’s easy years in Washington just ended
Democrats took both chambers, and Elizabeth Warren is now in line to chair Senate Banking with Maxine Waters at House Financial Services. Scott Melker walks through what the crypto industry got for roughly $176 million, including Sherrod Brown returning to Ohio’s Senate seat after about $63 million was spent against him.
The SEC staff called Canton Coin a digital commodity in a no-action letter. The CFTC cleared perpetual futures on single stocks, and Cboe and Citadel Securities backed a lawsuit against it the same day. Block agreed in principle to a $764 million money laundering settlement.
Timestamps
0:00 Democrats take both chambers and Warren is in line for Senate Banking
2:07 Crypto spent about $63 million in Ohio and Sherrod Brown won anyway
3:28 Elon Musk’s candidates lose in Texas, including the Bitcoin reserve
4:16 Why the Clarity Act is finished and what replaces it
6:28 Bitcoin keeps mining blocks regardless of who holds Congress
7:45 The SEC calls Canton Coin a digital commodity in a no-action letter
9:05 The CFTC clears single stock perpetual futures, and Cboe and Citadel sue
10:54 Block agrees in principle to a $764 million money laundering settlement
11:49 A French bank is hacked and the proceeds move through crypto
13:35 How Binance’s attackers got in, from its own incident report
#ElizabethWarren #Crypto #Bitcoin #SEC #Midterms #DailyWolf #YahooFinance
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