Galaxy's head of firmwide research, Alex Thorn, outlined risks for crypto legislation and industry oversight in a November analysis. Senator Elizabeth Warren (D-MA) is set to chair the Senate Banking Committee, and Rep. Maxine Waters (D-Calif.) is set to lead the House Financial Services Committee. Both leadership changes would place these lawmakers over panels that oversee financial regulation. Congressional projections from Decision Desk HQ confirmed Democratic victories in both chambers, setting up divided government beginning in January. The article is cut off in the source text.
Galaxy flags new risks for crypto as Democrats take both chambers of Congress
WashingtonNovember 8, 2026
Story reference: 108095CROSS-BORDER
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Source:Cryptonews.netRead original source1 min read
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