In the world of politics, money talks, and in the case of the crypto industry’s push to influence U.S. politics, it’s shouting loud and clear. While the donors and organizers behind the massive $169 million campaign fund remain elusive, their impact is undeniable. This war chest has already helped secure over 20 victories in various elections, including significant wins in California and New York.
What makes this crypto campaign fund unique is its ability to shape the political landscape without explicitly mentioning crypto. While traditional donors might demand specific policy changes in exchange for their support, the crypto giants seem content to let their financial muscle do the talking without any overt demands.
With the potential to sway the outcomes of numerous contests this year and potentially impact the composition of Congress next year, the crypto industry’s influence in U.S. politics is nothing to scoff at. As the industry continues to flex its financial muscle, it’s clear that crypto’s footprint on the political landscape is only getting bigger.
