Democratic sweep puts crypto on defensive in Washington

A Democratic sweep in Congress is set to usher in a tougher regulatory era for the cryptocurrency industry, with lawmakers poised to impose stricter rules and launch investigations into President Donald Trump. The shift in Washington puts crypto firms on the defensive after a period of friendlier treatment, raising the prospect of new compliance burdens and heightened scrutiny of digital-asset markets. The outcome matters because it could reshape how exchanges, token issuers and investors operate under federal oversight. What to watch next is how quickly Democratic committees advance legislation and which Trump-related probes they prioritize.