😱🇺🇲Good news for Crypto from the US Senate🔥🔥

The Republicans in the #US Senate have determined that South Dakota Senator John Thune will be the Majority Leader. Thune is known for being a pro-crypto figure.

The Republicans in the US Senate have determined that South Dakota Senator John Thune will be the Majority Leader. Thune will be the person responsible for the people chosen by President Donald Trump in the Senate, where Republicans have a 53-47 majority.

Thune has attracted attention as a pro-crypto figure with his work to date. The senator aimed to create a legal definition for digital commodities, including cryptocurrencies, in 2022 and to ensure that their trading is used under the authority of the Commodity Futures Trading Commission (CFTC). The fact that the cryptocurrency sector is under the supervision of the CFTC was also the preference of industry players.

Thune also voted in favor of a bill that would remove the SEC's barrier to banks offering crypto custody services in May.

“It is a very proud perspective that my supporters deserve to support in leading the Senate. This Republican team, united in the middle of President Trump, has rolled up its sleeves as of today,” the senator said.

Thune was seen as the favorite before the election, which was held behind closed doors.

What will be the first agenda items?

After Trump takes over on January 20, the first agenda item will be the approval of cabinet nominees. On the other hand, Thune provided the most important brightness in terms of the renewal of the tax cuts for the winners in 2017. In addition, it is known that energy and immigration laws will be on the agenda. The events related to cryptocurrencies will let you know when you will be on the agenda.

Unsurprisingly, many of Trump’s supporters did not include Florida Senator Rick Scott in this election. This included Tesla CEO #ElonMusk and famous journalist Tucker Carlson.

#donaldtrump #USInflationAboveTarget #cryptomarketcapATH