- Stuart Alderoty says bipartisan support for crypto regulation remains strong after the U.S. elections.
- Sherrod Brown won back his Ohio Senate seat despite more than $55M in opposition spending.
- The CLARITY Act’s future depends on bipartisan agreement over ethics rules and stablecoin yields.
The U.S. election results have unsettled expectations for crypto regulation, but Ripple Chief Legal Officer Stuart Alderoty says support for digital assets has not disappeared. He pointed to pro-crypto lawmakers elected from both parties, suggesting that bipartisan backing for the industry remains despite the changing political landscape.
The results leave a question for the industry: can bipartisan backing keep negotiations moving as control of Congress shifts and lawmakers debate consumer protections, ethics rules and oversight?
Election Results Leave Support Across Both Parties
Alderoty congratulated elected officials and said the industry would work with members of both parties on digital asset rules. He cited early Stand With Crypto data showing pro-crypto members elected across party lines and said more than 67 million Americans use cryptocurrency.
That bipartisan support has also been reflected in previous legislative action. The House passed the CLARITY Act 294–134 in July 2025, with support from Democrats and Republicans. However, the bill’s Senate progress depends on resolving disputes over ethics restrictions and whether stablecoin issuers can offer yield.
The election also showed the limits of political spending. Sherrod Brown, a former Senate Banking Committee chair and crypto industry critic, won back his Ohio seat. Crypto-related groups spent more than $55 million opposing his return in 2026.
Follow us on X for real-time crypto updates.
CLARITY Act Faces a Longer Route
The bill failed a Senate procedural vote, 49–50, on September 15, short of the 60 votes needed to advance. A change in congressional control could make negotiations more difficult while placing greater attention on consumer protections and oversight. The next Congress is scheduled to begin on January 3, 2027.
What Regulatory Uncertainty Could Mean for Markets
Bitcoin and XRP have clearer regulatory standing in the U.S. The SEC treats both as digital commodities under its March 2026 interpretation, reducing uncertainty over their classification. However, securities laws may still apply to certain transactions involving these assets, depending on how they are offered and sold.
For other crypto assets, heightened oversight could raise compliance demands. A stablecoin framework, meanwhile, offers payment tokens a more defined baseline. Predictable rules may also help institutions assess custody, exchange registration and reporting risks, though the form of those rules matters as well.
Ripple and other firms retain political relationships and advocacy efforts across party lines. Alderoty said engagement through industry groups, political organizations and crypto education would continue. That support may keep lawmakers at the table, but the CLARITY Act’s future depends on whether both parties can agree on its unresolved provisions.
Subscribe to our YouTube channel for the latest crypto news.
Related: Bitcoin Shrugs Off Trump’s Midterm Setback: Is His Market Influence Fading?
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
