Odaily News Mick Mulvaney, who served as acting chief of staff in the Trump administration, said that cryptocurrency is an industry that "breaks the American political model" because it appeals to both Democrats and Republicans. In an interview, Mulvaney said that cryptocurrency "does not fit into the traditional political barriers of the Republican and Democratic parties" and crosses political boundaries. He implied that this was "part of the process" of lawmakers "realigning" their interests to accommodate new industries. With interest groups pouring large amounts of money into congressional candidates, cryptocurrencies will have a profound impact in the 2024 election cycle and the "next few" election cycles. (Cointelegraph)