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Crypto firms double down on influencing US elections via PACs in 2026

Fairshake PAC has over 116 million USD ready for the 2026 elections, recently bolstered by 11 million USD from undisclosed donors. Key contributors include Ripple Labs, Coinbase, and investment firm Andreessen Horowitz.

The PAC intends to support lawmakers advocating for crypto growth and responsible regulations. Its backing in the 2024 elections helped elect approximately 270 ‘pro-crypto’ lawmakers, mainly Republicans.

Past PAC spending reportedly affected election outcomes, particularly in Ohio, signaling the potential power of crypto financing in shaping future political landscapes.

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