3. Anti-Crypto Politicians Ousted

Beyond Trump’s pro-Bitcoin musings, 2024 will go down in history as the crypto election.

The industry poured hundreds of millions of dollars into key races — with a laser-like focus on one Senate race in Ohio.

That was the seat held by Democrat Sherrod Brown, one of the staunchest voices against digital assets on Capitol Hill.

He’s railed against stablecoins, claimed cryptocurrencies are being widely used to finance terrorism and sidestep sanctions, and called for tight regulations.

Brown was also hugely critical when several crypto firms took out star-studded adverts during the Super Bowl 2022.

After learning that deep-pocketed donors were allocating huge resources to get him ousted from power, he took a defiant tone, telling reporters, “Bring ’em on.”

However, with crypto-powered PACs spending $40 million on ads promoting his little-known rival, blockchain entrepreneur Bernie Moreno, Brown was financially outgunned.

Moreno ended up winning the race with 50.2% of the vote.

Some prominent crypto skeptics remain, with Democratic Senator Elizabeth Warren securing a third term.