Republican control of the Senate would be key to passing bills such as FIT21 and appointing pro-crypto agency leaders, and digital asset reform would likely happen sooner with both chambers aligned, the report said.

  • A potential Republican sweep of both chambers of Congress would be the most bullish result for Coinbase and crypto markets, the report said.
  • Citi said a Harris win and a divided Congress would lead to more uncertainty for the digital assets space.
  • The bank cut its Coinbase price target to $275 from $345, while maintaining its buy rating on the stock.
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