Crypto Group Unveils Bipartisan Slate in Midterm Elections
A top cryptocurrency campaign organization is flexing its muscles in the November midterms by unveiling a bipartisan list of 32 House members it will support. The list includes 19 Republicans and 13 Democrats, all of whom supported legislation that was a top priority for the industry.
The organization will spend millions in support of these candidates, with six members receiving $1 million each. The legislation in question stalled in Congress, leading the organization to take action in the midterms.
The organization's move is a significant one, as it marks one of the biggest-spending interest groups in the midterms. The industry has had a mixed legislative year in Congress, with some key bills failing to pass.