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crypto industry mobilizes for pivotal election influencing senate control
The upcoming election is pivotal for Senate control, with crypto advocacy gaining momentum as 1.8 million supporters mobilize in swing states. Coinbase's CEO Brian Armstrong emphasizes the importance of favorable lawmakers, having pledged over $75 million to political efforts, while Ripple Labs and other crypto firms also contribute significantly to campaigns. The Stand With Crypto Alliance is actively grading candidates, targeting those opposed to crypto-friendly legislation, as the industry seeks to influence policy amidst increasing regulatory scrutiny.
coinbase commits 25 million to support pro crypto candidates in elections
Coinbase Global Inc. has pledged an additional $25 million to Fairshake, a political action committee focused on the digital-asset industry. This funding aims to support pro-crypto candidates ahead of the 2026 midterm elections, as announced by CEO Brian Armstrong on social media.
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