Crypto’s Election Offensive Targets the Next Regulatory Era
Photo: ETHNews
Fairshake’s funding network relies heavily on transfers to affiliated PACs. Crypto-backed spending has produced mixed results in key congressional races. Regulatory disputes could delay progress on the CLARITY Act. The cryptocurrency industry’s $176 million midterm campaign is approaching its most consequential test: whether electoral spending can deliver the congressional support needed to advance U.S. digital asset legislation. The November 3 elections come as Coinbase, Ripple and other influential industry participants seek to strengthen relationships with lawmakers ahead of the final two years of President Donald Trump’s administration.
Source: ETHNews
