$200 Million Crypto PAC’s Electoral Success Shows How The Industry Can Be A Force In 2026

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Crypto,Pac,Political Action Committee

I am director of research for digital assets at Forbes and editor of Forbes CryptoAsset & Blockchain Advisor. Prior to this I was at Kraken, a cryptocurrency exchange based in the U.S.

Joshua Vlasto, partner at the strategic communications firm Bamberger & Vlasto, has a long history of working in the public affairs and investor relations sector for various firms focused on the philanthropic and financial services industries.

Vlasto: Ultimately, it's up to the donors to decide how much they will donate. But the goal was to have an impact and show the industry and all of our stakeholders that this was an industry that was really focused on changing the conversation in Washington and showing members of Congress that this is an industry that should be worked with, taken seriously and professionalized.

Forbes: There were still about four months left in the campaign after Trump made his big shift. Was there ever any thought of changing at that point? On the Warren side of things, there were five races where we engaged either in the primary or the general election. I think all of them lost. If you look at Katie Porter, she talked about the crypto industry opposing her candidacy, and she lost. Jamal Bowman did the same thing, and he lost, and there were a couple of congressional races in Arizona where it was the same thing.

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