French Hill's race is still too close to call as the House flips, changing the direction of crypto legislation. The regulatory trade needs repricing because the path for digital assets is no longer th

What happened: As of Wednesday afternoon, House Financial Services Committee Chair French Hill's race for reelection is too close to call, per theblock. The report says the House flipped, changing the direction of crypto legislation. Why it matters: Hill chairs the committee central to crypto legislation, so the outcome of his race and the House flip affect the direction of that legislation, according to the report.

As of Wednesday afternoon, House Financial Services Committee Chair French Hill's race for reelection is too close to call, per theblock. The report says the House flipped, changing the direction of crypto legislation.

Hill chairs the committee central to crypto legislation, so the outcome of his race and the House flip affect the direction of that legislation, according to the report.