See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

Crypto PACs are pouring money into 2024 elections

Posted on AllSides May 13th, 2024
From The Left
Illustration: Annelise Capossela/Axios

Crypto is increasingly throwing its weight behind industry-friendly candidates.

The big picture: Crypto super political action committees, commonly known as PACs, have raised more than $100 million for 2024 congressional elections, according to a recent report by Public Citizen.

Coinbase and Ripple have accounted for roughly half that.

And efforts to this point would appear to be making a difference.

The latest: On Friday, Stand With Crypto, the nonprofit advocacy group started by Coinbase, announced its intent to raise more funds for its own PAC targeting House and Senate elections....

Read full story

AllSides Picks

https://www.axios.com/2024/05/13/crypto-pac-2024-election-coinbase-ripple

More News about 2024 Presidential Election from the Left, Center and Right

From the Left

From the Center

From the Right