BlockBeats News, February 16 — According to The Hill, after achieving several key victories and accumulating substantial funds in 2024, the cryptocurrency industry is increasing its spending in preparation for the upcoming U.S. midterm elections.
The industry’s main super PAC network, Fairshake, had over $193 million in cash on hand in early 2026 and announced several targets for this election cycle: including supporting Congressman Barry Moore (Republican-Alabama) in the Alabama Senate race, and pushing for the removal of Congressman Al Green (Democrat-Texas) in the House elections.
Following heavy investment in the last U.S. election and claiming victories in at least two high-profile races, this has secured some early wins for the industry in Congress and significantly elevated the crypto sector’s status in Washington.
The impact of the crypto industry in 2024 was most notable, as it投入数千万美元,介入多场初选和激烈的选举。根据2024年竞选财务申报文件,包含三个附属团体的Fairshake超级PAC网络在上个周期总计花费接近1.8亿美元。
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Geopolitical Turmoil! Dalio Declares "Gold is the Only True God," but Its Safe-Haven Performance Trails Bitcoin
As geopolitical tensions in the Middle East escalate, Bridgewater founder Ray Dalio questions Bitcoin and reaffirms gold as the preferred safe haven. Nevertheless, gold prices fell accordingly, while Bitcoin only experienced a slight correction, indicating that the correlation between the two is weakening. Dalio doubts Bitcoin's transparency and future risks, but he still maintains a small allocation of Bitcoin for diversification.
区块客37m ago
Kuwait Petroleum Company implements preventive measures, reducing crude oil production and refining capacity due to Iranian attacks
Gate News Report, March 7, Kuwait Petroleum Corporation (Kuwait National Petroleum Company) issued a statement saying that in response to Iran's attack on Kuwait, the company has implemented preventive measures, reducing crude oil production and refining capacity.
GateNews41m ago
Iran and North Korea are both using it! Stablecoins have become the preferred virtual asset for illegal transactions, with involved fraud totaling $51 billion.
According to the FATF report, stablecoins have become the preferred asset for illegal transactions, especially in countries like Iran and North Korea. The organization calls for increased regulation of stablecoin issuers and states that by 2025, stablecoins will account for the majority of illegal virtual asset transactions. To address these challenges, the FATF recommends that issuers strengthen their technical capabilities to improve regulatory efficiency.
区块客42m ago
Iranian Parliament National Security Committee: Will continue to fight against the enemy until revenge for the assassination of the Supreme Leader
Gate News Report, March 7th, the Iranian Parliament's National Security Committee issued a statement saying that the war against the enemy will continue until revenge is taken for the assassination of the Supreme Leader.
GateNews42m ago
Iranian President: Iran seeks to establish friendly relations with regional countries but reserves the right to self-defense
Gate News Report, March 7 - Iranian President Ebrahim Raisi stated on March 7 that Iran seeks to establish friendly relations with regional countries, but this does not deny Iran's right to self-defense against "aggression" from the United States and Israel.
GateNews53m ago
Iranian Revolutionary Guard claims to have hit a Marshall Islands-flagged oil tanker in the Strait of Hormuz
Gate News Report, March 7th, according to Iranian state media, the Iranian Revolutionary Guard claimed to have hit a Marshall Islands-flagged oil tanker in the Strait of Hormuz.
GateNews1h ago