US midterms put Trump-era crypto boom and prediction markets at risk

The US midterm elections have created uncertainty for the crypto industry, particularly those companies that benefited from the more relaxed regulatory environment established during President Donald Trump's term. This environment allowed companies like Coinbase, Strategy, and Bullish to thrive. A potential shift in power in Congress could bring tighter oversight of digital assets and prediction markets.

Why it matters

The US midterm elections could lead to a change in the regulatory environment for crypto assets, potentially threatening the growth of the crypto market. A Democratic takeover of Congress may result in stricter regulations, which could negatively impact

Market impact

Markets & countries in focus

Transmission channels

Likely winners & losers

Explore the intelligence

MeridStreet does not reproduce source articles. The summary and analysis above are generated by MeridStreet from public headlines and its own market model; the original reporting belongs to Economic Times. For information only — not financial advice.