U.S. Senator Warren defeats crypto industry supporter John Deaton to win Massachusetts Senate seat
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Odaily Planet Daily Report: U.S. Senator Elizabeth Warren defeated the pro-cryptocurrency Republican candidate John Deaton in the Senate election, winning the race in Massachusetts on Tuesday night. This will be Warren's fourth term in the U.S. Senate. She is a member of the Senate Finance Committee and the Senate Banking Committee, the latter of which has jurisdiction over the U.S. SEC and CFTC. Warren has been critical of the cryptocurrency industry and supports an anti-money laundering bill that would extend the requirements of the Bank Secrecy Act (including KYC rules) to miners, validators, and wallet providers. (The Block)
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