United States lawmakers who received support from the cryptocurrency industry during the 2024 elections are set to be sworn into office for the 119th session of Congress. Political action committees (PACs) like Fairshake invested millions to back candidates favorable to the crypto sector, which significantly impacted several close races. Notably, Republican Bernie Moreno gained nearly 200,000 votes aided by over $40 million spent by the Defend American Jobs PAC. Data shows that 10 new Senate members will enter with backing from the crypto industry, alongside 63 new House members. Groups like Stand With Crypto anticipate that about 270 lawmakers will be pro-crypto, establishing a majority in the House. As the Congress convenes, discussions on crypto regulations will likely include proposed bills like the Financial Innovation and Technology for the 21st Century Act (FIT21). The industry plans to maintain its political support strategy for upcoming elections, particularly the 2026 midterms.

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