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Crypto Spent More Than $300 Million Building Political Power. Failure To Pass The CLARITY Act Exposed Its Limits.

Crypto
International Business Times Fews App News Provider
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Tuesday's vote put a spotlight on the enormous political operation the cryptocurrency industry has built over the past several years, and the forces in Washington pushing back against it. IBTimes US The cryptocurrency industry spent more than $300 million across the 2024 and 2026 election cycles building political influence in Washington. But this week's defeat of a landmark regulatory bill showed that even one of the country's best-funded political operations cannot always translate campaign spending into legislative victories.

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