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According to Stand With Crypto, a total of 247 pro-cryptocurrency candidates have won seats in the House of Representatives, compared to 113 anti-cryptocurrency members. With both the House and Senate leaning in favor of cryptocurrencies, the path to favorable legislation could be smoother. Coinbase CEO Brian Armstrong hailed the election result as a watershed moment for cryptocurrencies. This Congress will be the most crypto-friendly Congress the United States has ever seen.
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