The political action committee Fairshake has amassed over $116 million to influence the 2026 midterms, following its significant contributions to pro-crypto candidates in the 2024 elections. Major donors include Ripple Labs, Coinbase, and Andreessen Horowitz. With Republicans holding a narrow majority in Congress, the PAC aims to support candidates who promote innovation and responsible regulation while opposing those against crypto advancement.
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0 posts last weekSenator Lummis Unveils Bipartisan Digital Assets Subcommittee Members and Goals
Senator Cynthia Lummis has announced the formation of the bipartisan Senate Banking Subcommittee on Digital Assets, comprising four Democratic and four Republican members. The subcommittee aims to promote responsible innovation in the crypto sector while ensuring consumer protection and oversight of federal regulators. Despite some members’ past criticisms of the industry, the community has reacted positively, viewing the group as a potential catalyst for clearer and more favorable crypto regulations.
about Senator Lummis Unveils Bipartisan Digital Assets Subcommittee Members and GoalsUS Senate Considers National Bitcoin Reserve Amid Bullish Market Activity
Binance founder Changpeng Zhao highlighted the growing support for a US Bitcoin reserve, championed by Sen. Cynthia Lummis, who aims to reshape government policy on cryptocurrencies. The Senate’s new subcommittee on digital assets is set to address key issues, including consumer protection and innovation. Despite initial price drops, Bitcoin’s value is recovering amid bullish market activity and political backing for a strategic national reserve.
about US Senate Considers National Bitcoin Reserve Amid Bullish Market ActivityBernie Moreno Advocates for Cryptocurrency Regulation Reform in Senate
Sen. Bernie Moreno’s election in Ohio marks a significant win for the cryptocurrency industry, which invested over $40 million in his campaign. Moreno plans to support legislation to clarify regulations for crypto assets, contrasting sharply with former Sen. Sherrod Brown’s opposition to such measures. He emphasizes the need for fair and consistent regulations, advocating for the reclassification of many cryptocurrencies as commodities to ease regulatory burdens.
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