Crypto Industry Raises $78M for Political Influence

Funds Aimed at Supporting Crypto-Friendly Lawmakers in Upcoming Elections

Crypto industry leaders have raised $78 million for super PACs to support crypto-friendly lawmakers in the upcoming elections.
Prominent contributors include Coinbase, Andreessen Horowitz, and the Winklevoss twins.
The funds will be directed to congressional candidates from both parties who support innovation, responsible regulation, and blockchain technology.
The investment comes at a time when lawmakers are increasingly focused on establishing clear regulations for the cryptocurrency industry.
The Fairshake Super PAC aims to support the interests of the 52 million Americans who own digital assets and seek a more equitable approach to financial systems.