Donald Trump has been declared the projected winner of the 2024 presidential election, capturing key swing states like North Carolina and Georgia. Sources including The Hill and CNN report he has secured substantial electoral votes, with projections ranging up to 312. Trump celebrated his victory in a speech in Florida, promising national renewal and a legal immigration approach. In congressional news, pro-crypto Republican Zach Nunn won reelection in Iowa, strengthening crypto advocacy in the House. Meanwhile, Democrat Elizabeth Warren retained her Senate seat in Massachusetts, defeating crypto advocate John Deaton. Trump’s win signals potential shift in crypto legislation as Republicans regain Senate control, facilitating passage of bills like the Financial Innovation and Technology for the 21st Century Act (FIT21). The implications for the crypto industry are critical, considering the newly formed government may influence digital asset policies significantly. Trump’s administration is anticipated to adopt a pro-crypto stance, aligning with key industry players.

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