GNW · 2026-11-06 12:43 UTC

As Democrats Win Congress, AAA Features Wasel & Wasel Crypto Arbitrator to Bridge US-Offshore Law

AAA featured Wasel & Wasel disputes partner Mahmoud Abuwasel in its Panelist Spotlight, and his treatise UAE Crypto Litigation was cataloged by over 12 global law libraries. Democrats won control of the Senate and House in the November 2026 midterms; the Digital Asset Market Clarity Act (H.R. 3633) failed a 49-50 Senate cloture vote in September 2026 and expires January 3, 2027 unless it gets 60 Senate votes. GENIUS Act stablecoin requirements on 1:1 reserves, monthly attestations, redemption timelines and yield bans take effect January 2027, while exchange stablecoin rewards and qualified…

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