
Advocacy group's Nov. 4 election scorecard identifies pro- and anti-crypto candidates as Democrats win House control per AP
AI-generated summary
Stand With Crypto released a Nov. 4 election scorecard counting pro-crypto and anti-crypto winners in House and Senate races. The House passed the CLARITY Act on July 17, 2025, by a vote of 294-134, with 216 Republicans and 78 Democrats voting yes. CLARITY failed a Senate procedural hurdle in September amid disagreements involving banking risks, stablecoin rewards, and customer protections.
Crypto advocacy group Stand With Crypto (SWC) counted 222 House winners and 19 Senate winners it rates “pro-crypto” in its Nov. 4 election scorecard, identifying allies for the industry.
The group's results page also listed 106 House winners and eight Senate winners it rated “anti-crypto.” Its tally was marked updated at 9 a.m. ET and showed 384 of 435 House races and 33 of 35 Senate races called.
The group credits Decision Desk HQ for results and says they remain unofficial until certified. The pro-crypto and anti-crypto totals are also smaller than the number of called races displayed for each chamber.
The figures give crypto supporters a count of candidates the group considers favorable to the industry.
Associated Press reported at 6:26 a.m. GMT that Democrats had won the House and unified control of Congress.
In a Nov. 4 quote post, CEO of Yap Global Otto Jacobsson argued that voters had favored crypto while turning against AI infrastructure. He wrote:
“America still loves crypto, but hates the physical manifestation of AI.”
CLARITY backers among the named winners
In a congratulatory thread, Stand With Crypto highlighted endorsed candidates it said had won their races. The posts connect the broad scorecard to individual lawmakers and candidates with stated positions on crypto legislation.
The account congratulated Mark Messmer on winning Indiana's 8th District and described him as a co-sponsor of the CLARITY Act. It also said Riley Moore won West Virginia's 2nd District and described the endorsed representative as a co-sponsor.
The House clerk's roll call records both Messmer and Moore voting yes when the House passed CLARITY on July 17, 2025.
SWC also congratulated Eugene Vindman in Virginia's 7th District, saying he had backed both CLARITY and the GENIUS Act. Vindman likewise appears as a yes vote on the July 2025 House roll call.
For Pennsylvania's 10th District, the account said Janelle Stelson had won and had expressed support for CLARITY and GENIUS.
The House passed the 2025 CLARITY vote 294-134, with 216 Republicans and 78 Democrats voting yes, according to the clerk. The historical breakdown shows cross-party support in that chamber.
The two sets of numbers describe how representatives voted on a bill in 2025, and which candidates the advocacy group says won the election in 2026.
CryptoSlate reported before the election that CLARITY had failed a Senate procedural hurdle in September amid disagreements involving banking risks, stablecoin rewards and customer protections.
SWC's named winners include lawmakers with recorded support for CLARITY and a candidate who expressed support for it, but those positions do not settle the banking and customer-protection disagreements.
AI outlook — possibilities, not facts
The 119th Congress will consider crypto legislation including the CLARITY Act and GENIUS Act
Likely · Within months

Sherrod Brown's victory over Jon Husted in Ohio delivered the crypto industry its biggest electoral loss of the 2026 midterms, as Democrats won control of both chambers of Congress. Crypto super PACs spent about $176 million across 100 seats, including $64 million in Ohio alone, yet Brown won and Elizabeth Warren is positioned to chair the Senate Banking Committee.

Australia will scrap the 50% capital gains tax discount from July 1, 2027, effectively doubling taxable crypto gains. The article outlines legal strategies including SMSFs, crypto-backed loans, and hoping for a bull market or election reversal before the changes take effect.

Coinbase says it was unaffected by last week's $6.4 billion Binance hack and details cold storage, key splitting, kill switches, and multi-approval controls designed to prevent similar attacks, while noting recent security incidents involving bribed support agents and an Amplitude vendor breach.

Binance's October 29 security breach impacted approximately $6.34 billion in assets and added a shock to decentralized lending when an exploiter-linked wallet supplied USDT to Aave. Stablecoin market capitalization fell over $10 billion in 30 days to $293.8 billion by November 3, while Aave's TVL declined by about $1 billion between October 27 and November 3.

SEC staff said Canton Coin, the native token of the Canton Network, is a digital commodity and will not recommend enforcement if validators and application providers mint it programmatically without registration. The relief follows DTCC's launch of a tokenization service on Canton and DTCC's private network, with Morgan Stanley among early users.

Circle's third-quarter earnings were boosted by $182 million in revenue from its ARC token presale, helping offset falling income from USDC reserves. The company reported diluted EPS of $0.84, up from $0.64 a year earlier, with total revenue and reserve income rising 17% to $865 million. Without the ARC token sale, revenue would have fallen year over year. Circle shares were down 0.84% at $74.59 at 16:05 UTC on Nov. 4.