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 committees, washington, breaking news: politics, politics, united states house of representatives, industry regulation, voting, jon tester, elections, government and politics, cryptocurrency, donald trump, u.s. republican party, business news, us senate, 21shares ripple xrp etp, u.s. democratic party, campaign finance, coinbase global inc,
Source: https://www.cnbc.com/2024/06/26/crypto-pac-house-senate-elections.html