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Crypto industry spent $176 million on US midterms

Original: The crypto industry has spent roughly $176 million on the U.S. midterm election, as part of a plan to build up bipartisa

The cryptocurrency industry has poured roughly $176 million into the U.S. midterm elections, part of a deliberate strategy to cultivate bipartisan allies in Congress. The aim is to secure friendly lawmakers who will advance the industry's regulatory interests in Washington long after Donald Trump leaves the presidency, positioning crypto policy as a lasting priority regardless of who controls the White House.

Why now: The scale of crypto's political spending is raising questions about the industry's growing influence over U.S. legislation.

cryptocurrency industryDonald TrumpU.S. CongressU.S. midterm elections

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Evidence

• The crypto industry has spent roughly $176 million on the U.S. midterm election, as part of a plan to build up bipartisan allies in Congress that can advance its interests long after President Donald Trump leaves office. https://www. japantimes.co.jp/news/2026/10/… · thejapantimes · 5

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