Crypto super PAC network goes into 2024 with more than $75 million as it aims to influence election
Publishing timestamp: 2023-12-18 09:41:43
Summary
Three political action committees funded by leaders in the cryptocurrency industry will start 2024 with $78 million to support pro-crypto candidates in upcoming elections. Despite recent challenges, the industry is still trying to influence elections. The committees have received donations from influential players in the crypto space, and some of the funds have already been spent on television advertisements supporting lawmakers who have been allies of the crypto industry.
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Keywords: political action committees, elections, government and politics, business news, breaking news: politics, patrick mchenry, currency markets, tyler winklevoss, washington, politics, cryptocurrency, coinbase global inc,
Source: https://www.cnbc.com/2023/12/18/crypto-pacs-go-into-2024-with-78-million.html