The 2024 US elections have resulted in Donald Trump being declared the winner by several outlets after securing swing states North Carolina and Georgia. Trump is projected to receive 306 electoral votes. In the Senate, Republicans regained control, winning at least 51 seats, while Democrats lost at least two. Trump’s speech emphasized the significance of the election outcome, stating that America has given a powerful mandate. The elections also had crucial implications for the crypto industry, particularly with a Republican majority in the Senate, which may expedite crypto legislation like the Financial Innovation and Technology for the 21st Century Act (FIT21). The results showed a competitive House race with Republicans gaining a slight edge but not securing the majority. Additionally, pro-crypto Bernie Moreno defeated incumbent Sherrod Brown in Ohio, further altering the Senate landscape.

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