7 Things Democrats Could Mean for Bitcoin and Crypto

Democrats won both chambers of Congress in the November 3 midterm elections, with the new Congress seated in January, after crypto spent $195.8 million in 2024 to seek a friendlier Congress. Sherrod Brown, a former Senate Banking Committee chair and industry critic, won back his Senate seat; crypto interests spent $40 million against him in 2024 and more than $55 million this year to block his return. The CLARITY Act, which would assign which regulator oversees crypto tokens and trading platforms, passed the House 294–134 in July 2025 but failed a Senate procedural vote 49–50 on September 15, short of the 60 needed.