The 2024 US election saw more money and support from the crypto and blockchain industry than ever before, with some experts predicting a repeat in the midterms.
Following the 2024 elections, in which an estimated 270 lawmakers with favorable views on digital assets won seats in the US Congress, many cryptocurrency-affiliated organizations and political action committees show no signs of slowing their progress in the next significant election, the 2026 midterms.
Likely boosted by advocacy work from organizations — such as the Coinbase-affiliated Stand With Crypto group and whose campaigns were supported by media buys from political action committees (PACs) — a majority of lawmakers in the 119th session of the US Congress took office in January having already expressed views signaling that they would support pro-crypto legislation and policies.
In the last year, some of Congress’s work supported that theory. The US House of Representatives passed three significant bills in July as part of the Republicans’ “Crypto Week” initiative.
