Midterm results don’t change crypto strategy, BlackRock says

The Democratic sweep of Congress, including flipping strongholds like Texas, has effectively killed the CLARITY Act and halted the crypto industry’s momentum. Despite Trump’s push for a strategic Bitcoin reserve, Democrats are now blocking key legislation over ethics concerns regarding the Trump family’s crypto businesses. BlackRock claims this political earthquake won't change their strategy, but can the industry really survive a hostile Congress? Is the crypto-friendly era already over?
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