Ohio Election: Crypto Community Celebrates Bernie Moreno's Senate Win

The crypto world is buzzing after businessman Bernie Moreno's surprise victory over Sen. Sherrod Brown in Ohio. The race was a test for crypto's political influence. Moreno, a car dealer-turned-blockchain entrepreneur, gained support from crypto fans who disliked Brown's tough stance on digital currencies. Brown, who backed Sen. Elizabeth Warren's efforts to link tokens to terrorism, faced intense crypto-funded advertising. The outcome has sparked excitement among crypto leaders like Chris Larsen of Ripple, who sees it as a defeat for Biden's regulatory approach. Crypto investors are celebrating a record number of pro-crypto candidates elected to Congress. The industry hopes this will lead to friendlier regulations from the Commodity Futures Trading Commission. Bitcoin's price soared to a new high following the election results.