Crypto industry spent $245M on political groups, helping elect nearly 300 pro-crypto lawmakers.

The crypto industry spent over $245 million on political action committees and groups during the recent U.S. election, securing the election of nearly 300 pro-crypto lawmakers. Coinbase alone donated over $75 million to a super PAC that exclusively supported crypto-friendly candidates. This financial backing has given the crypto sector significant influence over future legislative agendas.

November 23, 2024
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