The U.S. mid-term elections on Nov. 8 will not only decide the composition of the US Congress, but also the future of crypto legislation.
The elections are held every two years to elect representatives for the House of Representatives and the Senate. And since these houses are law-making bodies, crypto legislation is a crucial waitlist for the mid-term.
Bipartisan Congress and crypto legislation
A report by Bloomberg predicts, based on pollster numbers, that Republicans could gain a majority in the houses. With Biden leading for at least two more years, the government and Congress could remain partisan on virtual asset legislation.
