Cointelegraph 04 Nov 2024

Crypto-backed Super PAC reports raising $78M for 2026 midterm efforts 🇺🇸

Super PAC US

The cryptocurrency-backed Political Action Committee (Super PAC) has reported raising $78 million with the goal of influencing the 2026 midterm elections. This effort is geared towards swaying the composition and legislative direction of the impending session of the US Congress.

Even with the 2024 election results still pending, industry supporters are already strategically planning for the next congressional cycle, demonstrating ongoing investments in political influence.

The financial backing highlights the increasing involvement and interest of the cryptocurrency industry in shaping policy and legislation within the United States, underscoring the importance of political participation for advancing sector interests.

Source: cointelegraph.com ↗

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