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Crypto industry super PAC is 33-2 in primaries, with $100 million for House, Senate races - TL;DR CNBC

Crypto industry super PAC is 33-2 in primaries, with $100 million for House, Senate races

Publishing timestamp: 2024-06-26 12:29:51


Summary

Fairshake PAC, backed by top cryptocurrency companies, has had success in supporting candidates in congressional primaries. The PAC plans to spend over $100 million to elect pro-crypto lawmakers to Congress, focusing on issues like "fairness" and "integrity" in their ads. The crypto industry is making a concerted effort to influence the upcoming elections and gain political clout.


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Keywords: political action committeeswashingtonbreaking news: politicspoliticsunited states house of representativesindustry regulationvotingjon testerelectionsgovernment and politicscryptocurrencydonald trumpu.s. republican partybusiness newsus senate21shares ripple xrp etpu.s. democratic partycampaign financecoinbase global inc

Source: https://www.cnbc.com/2024/06/26/crypto-pac-house-senate-elections.html


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