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Crypto Went Big for Republicans After Democrats Sank the CLARITY Act

Crypto Went Big for Republicans After Democrats Sank the CLARITY Act

After Senate Democrats blocked legislation backed by cryptocurrency groups in September, the industry’s major super PAC network reiterated plans to remain a bipartisan group supporting pro-crypto candidates on both sides of the aisle.

They’ve mostly failed.

Federal Election Commission filings show that the crypto industry’s main political action committee, Fairshake, spent on behalf of parties about equally since Sept. 1. The super PAC spread more than $3 million among Democratic Reps. Janelle Bynum of Oregon, Steven Horsford of Nevada and Derek Tran of California, with a similar amount going to Republican Reps. French Hill of Arkansas, Bill Huizenga of Michigan and Bryan…

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