With over $135 million spent in the 2024 election cycle, the crypto industry supported 50+ bipartisan candidates, cementing its political clout.
A $40 million campaign led to Republican Bernie Moreno defeating crypto critic Senator Sherrod Brown in a close race.
Fairshake, a crypto-aligned super PAC, became the largest single-issue PAC in U.S. history, rivaling even fossil fuel spending.
The election results ushered in the most blockchain-friendly Congress ever, with bipartisan support for digital assets.
Crypto leaders urge President-elect Trump to replace SEC Chair Gary Gensler, a vocal critic of digital assets.
Crypto companies like Coinbase and Ripple ramped up their lobbying, pushing for favorable regulations and blockchain integration.
While celebrating victories, concerns about corporate influence on democracy spark debates over the ethical impact of crypto’s aggressive tactics.