Cryptocurrency industry prepares to enter post-Trump era Reuters reported in a report that the cryptocurrency industry is poised to enter the post-Trump era with a $176 million investment to support allies in the midterm races. The cryptocurrency industry has reportedly spent about $176 million in more than 100 midterm races this election cycle, part of a multi-year plan to build a bipartisan coalition of allies in Congress that can advance its interests years after Donald Trump leaves the White House. Interviews with dozens of crypto political theorists and a spending survey show that the $2.75 trillion industry and the billionaires who built it are actively spending to elect friendly allies and candidates while targeting politicians they see as threats.

Cryptocurrency industry prepares to enter post-Trump era Reuters reported in a report that the cryptocurrency industry is poised to enter the post-Trump era with a $176 million investment to support allies in the midterm races. The cryptocurrency industry has reportedly spent about $176 million in more than 100 midterm races this election cycle, part of a multi-year plan to build a bipartisan coalition of allies in Congress that can advance its interests years after Donald Trump leaves the White House. Interviews with dozens of crypto political theorists and a spending survey show that the $2.75 trillion industry and the billionaires who built it are actively spending to elect friendly allies and candidates while targeting politicians they see as threats.