Regulation· ★★★★· bearish·

US midterms could flip Congress toward tougher crypto oversight, stalling CLARITY Act

  • —Kalshi: Democrats at 64% for the Senate and 90% for the House
  • —Senator Angela Alsobrooks says a Democratic Congress won't prioritize the CLARITY Act
  • —A Senate win would put Warren atop the Banking Committee with subpoena power
  • —Wintermute expects scrutiny of OCC bank charters for Ripple, Coinbase and World Liberty Financial
Why it matters: A congressional flip could freeze US crypto legislation and intensify scrutiny of charters and tokenization.
Source: PANews
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