Listen

Description

Crypto super PACs, backed by the cryptocurrency industry, are pouring millions into the US midterm elections to support candidates favoring lighter regulations. The largest one, Fairshake, raised $133 million in 2025, totaling $190 million. Major donors include venture firm Andreessen Horowitz, Coinbase, and Ripple. This money aims to revive the CLARITY Act, a key bill for crypto rules, but faces opposition from Coinbase and banks. Critics warn this cash flood buys influence and drowns out everyday voters, threatening democracy. The industrys strategy has evolved rapidly, with crypto spending at least $245 million on campaigns in 2021. As midterms approach in 2026, crypto is playing both sides but leaning Republican, with Fairshake spending more on Democrats but founders backing pro-Trump PACs. Checkout https://solipillow.com/discount/dnn.
Advertise on DNN: advertise@thednn.ai