Crypto backers eye 2026 Senate races

In 2024, the cryptocurrency industry spent more than $200 million to help elect candidates with a light-touch approach towards regulation, including President Donald Trump. As crypto legislation begins to take shape in Washington, D.C., interest groups representing the industry are poised to expand their influence in down-ballot races in a series of close elections that will determine which party will control Congress after the mid-term elections in 2026.

For crypto backers, the stakes of House and Senate races have become increasingly clear in the 119th Congress….

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