Crypto Advocacy Group Launches PAC to Influence U.S. Congressional Elections
Stand With Crypto mobilizes its 440,000 members to fund candidates supporting blockchain and crypto policies.
- The newly formed PAC targets key House and Senate races, endorsing a mix of Democratic and Republican candidates.
- Endorsed candidates include individuals from Indiana, West Virginia, Alabama, Oregon, and Montana.
- The group has raised significant funds, with over $86 million for advocacy and more than $110 million by affiliated super PACs.
- Restrictions cap individual contributions to the PAC at $5,000, aiming to maintain grassroots support.
- Recent electoral successes include victories for endorsed candidates in Indiana's primary elections.