Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times UK
International Business Times UK
Akshay Puri

Crypto's Political Machine Targets 32 House Seats With Millions Ahead of US Midterms

Fairshake says its backed candidates won 53 of 57 races after spending about $71 million this cycle. (Credit: This is an AI-Generated Image)

The cryptocurrency industry is putting millions of dollars behind 32 US House incumbents as it prepares for another fight over digital asset regulation after a major crypto bill stalled in the Senate.

Fairshake, the industry's leading political action committee, said it will support 19 Republicans and 13 Democrats in November's midterm elections. Six of the candidates are set to receive $1 million each in planned spending. All 32 supported the CLARITY Act when it passed the House in 2025, making their voting records a key part of Fairshake's selection.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.