June 30 : Cryptocurrency companies have spent $189 million so far to influence the 2026 U.S. midterm elections, outpacing their spending for the previous election cycle, according to a new report from Public Citizen, a consumer advocacy organization.

More than one-third of all corporate money contributed to this year’s November elections, and primary elections leading up to them, has come from the crypto industry, making it the top corporate political spender, the group said.

Crypto was also the top corporate donor in the 2024 election cycle, when it contributed $170 million and many of the congressional candidates it boosted won their races.

Companies in the artificial intelligence, big tech and online betting sectors have also…