The 2024 presidential election has ushered the United States into a new era of uncertainty, but one thing is certain: the crypto industry was triumphant.

Hundreds of pro-crypto lawmakers were elected early last month, alongside Donald Trump's victory in the presidential race. The cryptocurrency industry has reportedly spent millions of dollars (in fiat currency, ironically) to support candidates and platforms advocating for policies that could expand the Bitcoin-driven cryptocurrency sector.

Shortly after Trump's election victory, bitcoin advocates from the nonprofit Satoshi Action Fund sent an email congratulating the industry, while CEO Dennis Porter spoke about legislative priorities along with a promise that "our team will have direct lines to senior government officials" in the coming years.