ChainCatcher message, led by Coinbase, the crypto advocacy organization Stand With Crypto states that currently there are 276 members of the U.S. House of Representatives who support cryptocurrency.

It is reported that the U.S. House of Representatives and the U.S. Senate make up the two chambers of the U.S. Congress, with the House having 435 members, and the number of representatives from each state is determined by population.

The advocacy organization indicates that the crypto industry hopes to see the regulatory agencies of the Trump administration adopt more lenient regulatory measures, and they also plan to push Congress to establish a new framework to help cryptocurrency become a more important component of the financial system.