【Crypto-friendly Republican Senator Bernie Moreno to join the Senate Banking Committee】On December 23, news broke that newly elected Republican Senator Bernie Moreno from Ohio will serve on the Senate Banking Committee, which oversees the U.S. Securities and Exchange Commission (SEC) and plays a key role in crafting cryptocurrency legislation. In 2018, Moreno founded Ownum, a company that sells technology to place car ownership on the blockchain. Before entering politics, he was a member of the blockchain policy organization, The Digital Chamber. Although Moreno did not list cryptocurrency among his 16 core 'policy priorities' on his campaign website, he did post multiple statements supporting the industry on X, and publicly opposed a harsh regulatory environment during the campaign in the months leading up to the election.

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