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TD Cowen calls a Democratic sweep the most adverse legislative scenario for the crypto industry, StarEx reports
- TD Cowen calls a Democratic sweep the most adverse legislative scenario for the crypto industry, StarEx reports — StarEx reports investment bank TD Cowen sketches three electoral outcomes for the 2026 midterms and describes a Democratic sweep of both houses as the most adverse legislative scenario for the cryptocurrency industry. In the analysis, Kalshi and Polymarket assign a 72 to 75 percent probability to a Democratic takeover of the Senate. (StarEx)
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