- Crypto’s political influence is growing with $150M from major firms targeting key Senate races.
- Pro-crypto candidates stand to gain votes, as the industry seeks regulatory clarity and support.
- Presidential candidates are increasingly engaging with the crypto community.
As the 2024 U.S. election cycle unfolds, the cryptocurrency industry’s political influence is rapidly expanding, poised to shape legislative agendas and potentially sway electoral outcomes.
With the sector investing heavily in political campaigns and advocacy groups, candidates are increasingly aligning themselves with pro-crypto platforms to court a growing voter base of crypto holders. According to Brad Garlinghouse, CEO of Ripple, candidates’ stances on crypto could significantly influence voter decisions, making advocacy for clear regulations crucial for this industry.
You’ll hear this a lot more in the next few months in the US – candidates will only gain votes for being pro-crypto, and absolutely lose them for being anti-crypto.The post From Mar-a-Lago to the Hill: Crypto’s High-Stakes Bid for Power in 2024 appeared first on Coin Edition.There’s no downside to advocating for clear rules of the road for one of the US’ fastest-growing industries. https://t.co/tNMuQ049Rz
— Brad Garlinghous…