Crypto industry spends $176M on US midterms as Fairshake targets Congress
- —Fairshake and affiliated PACs spent $150.8 million through October 20
- —Ohio's Senate contest attracted more than $68 million in crypto spending
- —53 of 58 Fairshake-backed primary candidates won their races
- —Coinbase, Ripple and Andreessen Horowitz are the main funders
Why it matters: The industry is buying lasting support for the stalled CLARITY Act, and the midterm outcome will shape crypto regulation beyond Trump's term.
Source: crypto.news