On December 23rd, newly elected Ohio Republican Senator Bernie Moreno will serve on the Senate Banking Committee, which oversees the Securities Exchange Commission (SEC) and plays a key role in developing crypto legislation. In 2018, Moreno founded Ownum, a company that sells technology that puts car ownership on the blockchain. Before entering politics, he was a member of The Digital Chamber, a blockchain policy group. While Moreno did not list cryptocurrency among his 16 core "policy priorities" on his campaign website, he did post multiple statements of support for the industry on X, and spoke out against harsh regulatory environments during his campaign months before the election.