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Democrats win Congress as crypto CLARITY Act stalls

Democrats secured control of both chambers, while the CLARITY crypto market‑structure bill remains deadlocked with 49‑50 Senate votes, needing 60 to advance. Bitcoin fell to $75,600 before rebounding to $79,000, and other major tokens recovered similarly. Polygon proposes a hard fork to return 70.49 M POL ($6.8 M) from frozen addresses. Binance expanded proof‑of‑reserves to 44 tokens after a hack. Morgan Stanley tokenized U.S. stocks and treasuries via DTCC. Circle Payments Network hit $41.3 B annualized volume in Q3, up from $2.7 B a year earlier.

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