Coinbase-Backed Group Endorses 32 Crypto-Friendly US

摘要:Coinbase-backed advocacy group Stand With Crypto has endorsed 32 congressional incumbents for November's US midterm elections, backing lawmakers who supported crypto legislation in the House. Executive Director Mason Lynaugh said the group is proving its organizing capacity after demonstrating in 2024 that crypto voters could influence elections. With more than three million registered advocates, its endorsements include Republicans Tom Emmer and Bill Huizenga. The CLARITY Act faces a Senate procedural vote on Sept. 15 but lacks the 60 votes needed to advance. Crypto companies and industry groups have spent nearly $200 million on the 2026 midterms, while Senator Kirsten Gillibrand has called for enforceable ethics rules covering President Trump's crypto interests.

Stand With Crypto has endorsed 32 congressional incumbents for Novembers US midterm elections, backing lawmakers who supported crypto legislation as the CLARITY Act faces hurdles in the Senate.

As first reported by Reuters, the Coinbase-backed group is targeting members who voted for the bill in the House last year. The endorsements aim to help return those lawmakers to Congress as senators debate rules for digital assets.

Crypto Group Expands Election Push

Stand With Crypto Executive Director Mason Lynaugh said the group has expanded since its 2024 campaign, when it sought to show that crypto voters could influence elections.

Related: Stablecoin Supply Hits $303B — But Is Crypto Liquidity Actually Reaching Traders?

“In 2024 we were very much proving that the crypto voter is real. In 2026 were very much showing that we have the organizing capacity and that our advocates are a true voting bloc that can move the needle,” Lynaugh said.

The group says it has more than three million registered US advocates. Its latest endorsements include Republicans Tom Emmer and Bill Huizenga.

CLARITY Act Faces Senate Pressure

The Senate is scheduled to hold a procedural vote on the CLARITY Act on Sept. 15, but the bill lacks the 60 votes needed to advance.

Crypto companies and industry groups have spent nearly $200 million on the 2026 midterms. Senator Kirsten Gillibrand has called for enforceable ethics rules covering President Donald Trumps crypto interests.

Related: Indian Markets Rise Despite Iran Risk—What Happens to Indian Bitcoin Returns if Oil and the Rupee Move Next?

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

免责声明

本文观点仅代表作者个人观点,不构成本平台的投资建议,本平台不对文章信息准确性、完整性和及时性作出任何保证,亦不对因使用或信赖文章信息引发的任何损失承担责任
上一篇

Laser Digital 获得日本四年来首个加密货币交易所批准

下一篇

比特币关注 Warsh 杰克逊霍尔首秀