ChainCatcher news, according to Coindesk, Republican Dave McCormick defeated incumbent Democrat Bob Casey in Pennsylvania to win a Senate seat. Currently, the Republicans have at least 53 seats, with two more elections to come—Arizona and Nevada—although the two Democratic candidates running for these seats are currently in the lead.It is reported that McCormick has the support of Coinbase CEO Brian Armstrong and has openly supported the cryptocurrency industry, although he has not received support from any major cryptocurrency-affiliated PACs.

ChainCatcher news, according to FoxBusiness reporter Eleanor Terrett, crypto-friendly Republican businessman Bernie Moreno will defeat incumbent Democratic Senator Sherrod Brown in the Ohio Senate race, flipping the seat to Republican.The pro-cryptocurrency political action committee Defend American Jobs spent $40.1 million to support Bernie Moreno, and additionally, Moreno's campaign team received at least $54,600 in fundraising directly from the crypto industry.

ChainCatcher News, U.S. Senator Elizabeth Warren defeated cryptocurrency-supporting Republican candidate John Deaton in the Senate race, winning the election in Massachusetts on Tuesday evening.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 consistently criticized 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.

ChainCatcher news, Coinbase CEO Brian Armstrong posted on X expressing support for Pennsylvania Senate candidate Dave McCormick.McCormick is a strong advocate for the cryptocurrency industry, and he stated in June: "Embracing cryptocurrency and blockchain will create tremendous job opportunities for our federation and benefit our national security." He emphasized that if Congress does not embrace the next wave of innovation, the United States risks being left behind.