Crypto Industry Committing $12M to Dethrone Sen. Brown in Ohio, PAC Says

The crypto industry's leading political action committee, Fairshake, announced three U.S. Senate races it intends to spend major amounts to influence in Ohio, Arizona and Michigan.

Crypto interests are planning to go after Sen. Sherrod Brown in their biggest-ever single campaign, setting aside $12 million to support the Republican candidate seeking to snatch the Senate seat from the current chairman of the Senate Banking Committee, who has been highly critical of the digital assets sector and reluctant to embrace crypto legislation.

"Our mission is clear – support candidates who embrace innovation, want to protect American jobs and are committed to working across the aisle to get things done and oppose those who do not," Fairshake spokesman Josh Vlasto said in a statement. The group is aiming for a"sustainable bipartisan coalition and a consensus that there is an urgent need to pass responsible crypto and blockchain-focused regulation.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

India Maintains High Crypto Tax Rate Despite Industry PressureCrypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Crypto Exec Pushing for Industry Support of Kamala Harris for PresidentJesse Hamilton is CoinDesk's deputy managing editor for global policy and regulation. He doesn't hold any crypto.
Source: CoinDesk - 🏆 291. / 63 Read more »

Crypto Industry Tries to Tally Final Wins As U.S. Congressional Primaries Wind DownJesse Hamilton is CoinDesk's deputy managing editor for global policy and regulation. He doesn't hold any crypto.
Source: CoinDesk - 🏆 291. / 63 Read more »

Crypto Industry Political Donations Are Going to Democrats TooThe crypto industry, whose hostility to the Biden Administration have led some major participants to publicly endorse Donald Trump, is spending millions through a pair of super PACs to shape the Democratic Party by intervening in congressional primaries. Sonali Basak, Michael Regan and Bill Allison speaks on 'Bloomberg Crypto'.
Source: crypto - 🏆 292. / 63 Read more »

Democrats launch 'Crypto for Harris' campaign to counter Trump’s industry appealThe move comes as the race for the White House narrows between former President Donald Trump and Vice President Kamala Harris, the respective Republican and Democratic nominees.
Source: FoxBusiness - 🏆 458. / 53 Read more »

Harris Campaign Targets Crypto Voters with New Industry Advocacy GroupCrypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »