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Crypto is Flexing Its Muscles - Is It Strong Enough to Bring Democrats & Republicans Together?

How one crypto Super PAC is going all-in on both sides of the aisle...

Author

Austin Hodge
August 08, 2024 • Read Time: 11 minutes

A bold $25M Ad Blitz for pro-blockchain candidates underscores the increasing political clout of the crypto sector. Super PAC Fairshake unveiled plans to invest a whopping $25 million in television ad campaigns supporting 18 pro-digital asset candidates for the 2024 House of Representatives races.

With prominent backers like Don Davis (D-NC), Michelle Steel (R-CA), and Pat Ryan (D-NY), Fairshake is betting big on bipartisan support for blockchain innovation and responsible regulation. As the 2024 election cycle heats up, the crypto industry is flexing its muscles to influence the legislative landscape.

Let's dive in!

  • Fairshake super PAC pledges $25M on TV ads for crypto-friendly candidates in the 2024 election. — Read More

  • Mark Cuban and Rep. Wiley Nickel to speak at Crypto4Harris town hall supporting Kamala Harris, announced for August 14. — Read More

  • Eric Trump hints at a significant cryptocurrency announcement, joined by support from Don Jr. and Donald Trump. — Read More

  • MetaTrust Labs and ChainSwap secure $1 million partnership to enhance cross-chain financial privacy. — Read More

  • Crypto recent pullbacks are five times softer than the Covid crash: CoinGecko. — Read More

  • Defunct crypto exchange FTX and Alameda are set to pay $12.7 billion to creditors in a settlement with the CFTC. — Read More

  • GOPAX's fiat trading future is uncertain as Jeonbuk Bank reviews contract renewal following financial struggles and a failed Binance takeover. — Read More

  • Bitstamp partners with Stripe to streamline fiat-to-crypto transactions across Europe, except the U.K. — Read More

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