The 2024 US elections have changed the dynamics of the crypto industry bringing it to the forefront of the global financial industry. In a first-of-its-kind development, crypto donations in this presidential election have exceeded $238 million, outpacing traditional industries like oil and pharma. This is likely to make lawmakers at Washington more favorable toward the digital assets industry.

Crypto Donations Exceed $238 Million This US Election

As per the data from the Federal Election Commission filings, $238 million in crypto donations have gone in the form of individual donations and contributions to super PACs. This has exceeded the contributions from traditional industries…