Cryptocurrency companies poured in money in the election campaign in the USA – and it paid off. Now, nearly 300 of the total 535 seats in the legislative congress will be occupied by members who are favorably inclined towards cryptocurrencies, reports CNBC.
In the election campaign, the future President Donald Trump signaled a softer regulation of the sector and hinted that the USA would invest in a reserve of cryptocurrencies.
Before the election, the cryptocurrency sector also made a big bet and poured in 245 million dollars (approximately 2.7 billion kronor) in support of various candidates, according to federal authorities. The industry thus accounted for almost half of all dollars that companies invested in the election, according to the consumer organization Public Citizen.
Now, the sector looks bright on the future. After the election, for example, the cryptocurrency bitcoin has surged over 40 percent and is dancing just below a dream limit of 100,000 dollars.
