New industry PAC to back pro-crypto candidates

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A cryptocurrency industry group has formed a new political action committee at the end of the 2022 midterm election cycle with the hope of helping to form the next Congress's view on the new industry.

The Blockchain Association, a group that represents more than 100 organizations in the industry, formed its PAC in September 2022 with the hope of influencing and, in future election cycles, funding candidates interested in the cryptocurrency industry."If you are interested in having a conversation about crypto, we want to talk to you," Executive Director Kristin Smith told the Washington Examiner.

The Blockchain Association PAC's formation just last month means it won't have any significant financial impact on the 2022 midterm elections, but it follows a massive surge in crypto lobbying and election funding.

 

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The arrangement of the photo had me thinking it was a Pro-Cookie PAC, which I thk we could all support. They would be known for flooding the Capitol Building with the smell of freshly baked chocolate chip cookies.

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