Crypto Industry Political Donations Are Going to Democrats Too

  • 📰 crypto
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

The 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'.

The crypto industry is spending millions through a pair of super PACs to shape Congress by intervening in congressional primaries. Of course, that's where the real money goes to change policy. Bloomberg's Bill Allison reported on what's going on here. And the dollars are large.

And given that it's a it's a fairly narrow segment of the economy in terms of of jobs and and, you know, its relationship with government as far as like, you know, how much it's regulated, it is spending a ton of money. You know, you and I remember when it was the FTC's executives that were really spending the bulk of the crypto dollars here.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 292. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines

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

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 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 »

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