Former President Donald Trump, known for his support of Bitcoin and blockchain innovation, has been re-elected, bringing optimism for the cryptocurrency industry.
Pro-crypto candidates have made substantial progress in the US elections, with Republicans reclaiming control of the Senate and gaining strength in the House of Representatives.
Crypto industry leaders have celebrated the election results, expressing hope for crypto-friendly policies and calling for clear regulatory guidelines for digital assets.
The election outcome is seen as a win for the Bitcoin community and signals a need for the US Securities and Exchange Commission to adjust its approach to digital asset regulation.