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The Crypto Industry Is Spending Big On The Midterms. Now A Coinbase-Backed Group Is Picking Its Candidates.

Crypto Industry
International Business Times Fews App News Provider
Fews App Post Time ha 11h

Coinbase launched Stand With Crypto in 2023 to organize crypto owners around legislation and elections rather than rely mainly on direct campaign spending. Getty Images A Coinbase-backed crypto advocacy group has endorsed 32 House incumbents for the November midterms, adding an organized voter campaign to the nearly $200 million the industry has already poured into this year's elections. Stand With Crypto said all 32 lawmakers backed the Clarity Act when it passed the House last year.

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