US midterms put Trump-era crypto boom and prediction markets at risk

US midterms put Trump-era crypto boom and prediction markets at risk

The US midterm elections could threaten the crypto friendly regulatory environment created under President Donald Trump. A potential Democratic takeover of Congress may bring tighter oversight of digital assets and prediction markets, putting companies such as Coinbase, Strategy and Bullish under pressure as investors reassess the sector's regulatory outlook.

Coinbase CEO Brian Armstrong faces political risk as Democrats eye midterm sweep

Coinbase CEO Brian Armstrong faces political risk as prediction markets favor Democrats in the midterms, threatening crypto's regulatory agenda.

Democrat Congress Impact: Crypto's Future Uncertainty

Americans are voting today (November 3) in midterm elections that will decide which party controls Congress, and crypto investors are watching closely.Republicans currently hold both the House and the Senate, but their House majority is narrow. A change in control of either chamber could affect how lawmakers handle the rules for digital assets, including a market structure bill that has stalled this year.The vote comes at a challenging time for …