Crypto pours $176 million into midterms to ensure influence beyond Trump - report With the $2.75 trillion crypto industry investing heavily in the 2026 US midterms, its ambitions are focused on building lasting political influence that will survive the next change in administration, Reuters reports. Here's how the strategy works: The industry has already poured about $176 million into more than 100 races this election cycle, backing candidates it believes will help advance its interests in Congress Fairshake, the sectors' super political action committee, and its partners have spent about $150.8 million on the midterms through Oct. 20. Crypto-backed groups support candidates from both parties, Some political ads that seek to build a bipartisan coalition that can influence future legislation avoid mentioning crypto altogether, instead focusing on issues like immigration and taxes—often running under names like "Protect American Jobs" and "Protect Progress." Candidates seen as hostile to the industry can face millions of dollars in attack ads. Ohio Democrat Sherrod Brown, a longtime crypto skeptic seeking a return to the Senate, is among those targeted With billions at stake, crypto companies and investors are now building political connections to help shape the regulatory environment for years to come. substack | talk.

Crypto pours $176 million into midterms to ensure influence beyond Trump - report With the $2.75 trillion crypto industry investing heavily in the 2026 US midterms, its ambitions are focused on building lasting political influence that will survive the next change in administration, Reuters reports. Here's how the strategy works: The industry has already poured about $176 million into more than 100 races this election cycle, backing candidates it believes will help advance its interests in Congress Fairshake, the sectors' super political action committee, and its partners have spent about $150.8 million on the midterms through Oct. 20. Crypto-backed groups support candidates from both parties, Some political ads that seek to build a bipartisan coalition that can influence future legislation avoid mentioning crypto altogether, instead focusing on issues like immigration and taxes—often running under names like "Protect American Jobs" and "Protect Progress." Candidates seen as hostile to the industry can face millions of dollars in attack ads. Ohio Democrat Sherrod Brown, a longtime crypto skeptic seeking a return to the Senate, is among those targeted With billions at stake, crypto companies and investors are now building political connections to help shape the regulatory environment for years to come. substack | talk.