The 119th US Congress is deemed the most pro-crypto body by Brad Garlinghouse. Featuring 298 supportive legislators from both parties, it marks a significant shift in US blockchain policy. Backed by substantial industry support, this Congress is expected to spearhead blockchain innovation.
With over 200 million USD contributed by crypto-supportive PACs, hopes are HIGH for significant legislative initiatives. The Financial Innovation and Technology for the 21st Century Act (FIT21) and a potential Strategic Bitcoin Reserve are key focuses, as the industry aims to counter past regulatory hurdles.