During the 2024 U.S. congressional elections, the crypto industry spent over $245 million supporting pro-blockchain candidates.
During the 2024 U.S. congressional elections, the crypto industry spent over $245 million supporting pro-blockchain candidates. One significant success was the victory of “Bernie Moreno,” who, with the help of $40 million from the crypto sector, defeated “Sherrod Brown,” a senator opposed to blockchain. Major companies like Coinbase and Ripple played a crucial role in this success, transforming Congress into a pro-blockchain institution. Now, approximately 300 pro-crypto representatives will enter Congress. After his victory in the 2024 elections, Bernie Moreno stated: “We entered this race with the goal of making significant policy changes. Our aim is to secure a strong position for blockchain and the crypto industry in the U.S. Congress.”
Source: cryptopolitan.com
