Regulation· ★★★★· bearish·

Crypto industry becomes a Democratic target in US election campaign

  • —Crypto gave $89 million to MAGA Inc., more than any other industry
  • —Fairshake spent $2 million trying to defeat Oliver Gilbert in a Florida primary
  • —Sherrod Brown says crypto and data centers put $40 million behind rival Jon Husted
  • —88% of Americans rank government corruption as the country's top problem
Why it matters: A Democratic sweep would expose the industry to tougher scrutiny and legal stagnation, with the CLARITY Act at risk of failing this year.
Source: Bithub