There's an election next month: State of Crypto
Summary
Polls and prediction markets suggest Democrats may flip the House in the November 3, 2026, midterms, while control of the Senate remains uncertain. The outcome could affect congressional oversight of crypto regulators, agency budgets and future crypto legislation. Tax policy appears likely to receive attention: the House Ways and Means Committee advanced a bipartisan crypto tax bill, and Senator Steve Daines introduced a Senate bill. Industry-backed political groups have announced $33 million in spending targeting former Senator Sherrod Brown, with no further spending announced so far.
