#fairshake

[rwatimes]

Crypto PAC-Backed Candidates Sweep State Primaries After Media Buys

In a sign of growing political muscle for crypto-friendly groups, Democratic and Republican candidates across California, New Jersey, and South Dakota benefited from targeted media buys financed by industry-backed political action committees (PACs). The campaigns underscore how c...

➤ Crypto-aligned Political Action Committees (PACs) have significantly influenced state primaries by financing targeted media buys for pro-crypto candidates. ➤ Groups like Fairshake, backed by major crypto firms, have deployed substantial funds to support candidates promising clearer regulations and industry-friendly stances. ➤ This trend indicates a growing political influence of the crypto industry in shaping election outcomes and future policy development in the United States.

[rwatimes]

Crypto PACs Gear up for Maryland Races with $3M Media Buys as California Primaries Kick Off

➤ Cryptocurrency industry PACs are making significant media buys, spending $3 million in California and planning another $3 million for a Maryland race. ➤ These PACs, backed by major crypto firms, aim to influence US elections by supporting pro-crypto candidates and opposing those seen as 'anti-crypto'. ➤ The spending highlights the growing political engagement of the crypto industry, particularly concerning upcoming legislative debates like the CLARITY Act.

[rwatimes]

Crypto PAC-backed Menefee unseats Al Green in Texas runoff

Christian Menefee defeats Al Green in Texas runoff after Fairshake-backed crypto PAC spending, giving pro-crypto forces a key House win.

➤ Christian Menefee, backed by pro-crypto PACs like Fairshake, has defeated incumbent Al Green in a Texas Democratic primary runoff. ➤ The race was framed as a test of crypto political power, with significant spending by Fairshake supporting Menefee's pro-crypto stance and opposing Green's anti-crypto votes. ➤ Menefee's victory highlights the growing influence of crypto funding in political races and signals potential shifts in crypto policy discussions within the Democratic party.

[rwatimes]

Coinbase’s Pro Crypto War Chest Puts U.S. Policy At Center Stage

Coinbase Global (NasdaqGS:COIN) and its CEO are building a large pro-crypto political war chest aimed at shaping U.S. digital asset regulation. The company has directed multimillion dollar funding to Fairshake, a bipartisan super PAC backing candidates supportive of crypto policy objectives. This activity comes ahead of what many see as the industry's most consequential U.S. election, with digital asset rules under active debate. Coinbase, a leading U.S. crypto exchange and custody...

➤ Coinbase is investing heavily in political campaigns through a super PAC called Fairshake to influence U.S. digital asset regulation. ➤ This strategy aims to create a clearer regulatory environment for tokenization, stablecoins, and trading rules, reducing policy uncertainty. ➤ The political spending introduces elevated regulatory and political risk, with potential impacts on Coinbase's earnings and competitive positioning.

[rwatimes]

Pro-crypto Menefee unseats Al Green in Texas Democratic primary runoff, supported by Fairshake

This follows millions of dollars in crypto super PAC spending that backed Menefee and opposed Green, a vocal critic of crypto.

➤ Pro-crypto Democrat Christian Menefee defeated incumbent Al Green in a Texas primary runoff, heavily supported by crypto super PACs. ➤ Menefee advocates for blockchain's potential, while Green was a vocal critic who opposed key crypto legislation. ➤ This election outcome highlights the growing influence of crypto-focused political action committees in shaping electoral results.

[rwatimes]

Coinbase y Brian Armstrong destinan $25.5 millones a Fairshake para influir en elecciones de EE. UU.

Fairshake supera los $116 millones mientras Coinbase y la industria cripto expanden su influencia política en EE. UU.

➤ Coinbase and CEO Brian Armstrong have donated $25.5 million to Fairshake, a political action committee influencing US elections. ➤ This significant contribution highlights the crypto industry's aggressive and coordinated strategy to shape favorable digital asset regulation in the US. ➤ The funds will support pro-crypto candidates and oppose those seen as hostile to the industry, aiming to define the regulatory landscape for the next decade.

[rwatimes]

Crypto PAC pours $5M into Texas runoff on May 26

Crypto PAC Protect Progress spent $5M backing Menefee in Tuesday's Texas runoff, with Kalshi giving the challenger a 91% win probability.

➤ Crypto PAC Protect Progress has invested $5 million in a Texas congressional runoff, backing Christian Menefee against incumbent Al Green. ➤ Al Green is targeted due to his opposition to crypto-friendly legislation like the GENIUS Act and Clarity Act, receiving an 'F' grade from Stand With Crypto. ➤ This significant PAC spending is seen as a test of pro-crypto influence on congressional races and broader crypto policy institutionalization.

[rwatimes]

Fairshake poll finds voters distrust crypto and AI

Fairshake poll data shows 45% of Americans call crypto too risky and 44% say AI is moving too fast as PACs deploy $100M in midterms.

➤ A recent poll indicates significant public distrust towards cryptocurrency (45% deem it too risky) and artificial intelligence (44% believe it's developing too fast). ➤ Despite substantial political spending exceeding $100 million by pro-crypto and pro-AI PACs in the 2026 midterms, public awareness and trust in these industries remain low. ➤ The findings highlight a potential political liability for candidates associated with these sectors, especially concerning the passage of legislation like the Clarity Act, as voter skepticism could influence election outcomes.