Mike Johnson, a Republican member and advocate for digital currencies, won with a vote of 218 to 215 against his opponent opposing digital currencies, and was re-elected as the Speaker of the US House of Representatives. This news stirred excitement in the digital currency community. Johnson’s victory was well received in the digital asset community as he had previously supported policies favoring digital currencies. Brad Garlinghouse, CEO of Ripple, expressed satisfaction with this victory, stating, ‘Today, here in America, we welcomed the 119th Congress known as the most supportive congress for digital currencies in history.’ With Republicans controlling the US Congress, it is expected that President-elect Trump will face minimal opposition in advancing his government’s agenda, including more favorable digital currency policies.
