Crypto PACs: The New Power Players Reshaping Regulation and Fintech Strategies
With the crypto world heating up, crypto political action committees (PACs) are stepping up to the plate. Enter Fairshake, a PAC holding over $141 million in assets, isn’t just flexing its muscles for elections; it’s also influencing the U.S. crypto regulatory landscape. Let’s break down what this all means for democracy, transparency, and how smaller fintech firms can maneuver through these waters.
The Rise of Crypto PACs
These crypto PACs have emerged as major influencers in politics, using large financial resources to back candidates who push for crypto-friendly policies. Fairshake, for instance, is funded by major players like Coinbase and Ripple Labs. The growing prominence of these PACs raises eyebrows about the role of money in…
