Crypto PACs report $2.7M spending blitz on House races as midterms loom

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The cryptocurrency-aligned political action committees affiliated with Fairshake reported a combined $2.7 million in media advertising spending to support pro-crypto candidates for the US House of Representatives. The beneficiaries include Representatives Pete Aguilar ($512,000), Josh Gottheimer ($500,000), Tom Emmer ($76,000), and Glenn Thompson ($73,000). Fairshake, funded by Cantor Fitzgerald, Coinbase, and Ripple Labs, had $122 million in cash on hand as of August. The organization plans to endorse 32 additional House candidates and allocated at least $30 million to oppose Senator Sherrod Brown’s election in Ohio. All targeted candidates voted for the Digital Asset Market Clarity Act in 2025, a digital asset regulatory bill that passed the House but failed in the Senate.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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