With $200m to spend on the midterms, crypto hopes to repeat its 2024 success: ‘It’s the most critical time’

Candidates in both parties – but mostly Republicans – are seeing cash infusions after merely indicating support With the first primaries of the US midterm elections now under way, the cryptocurrency industry is injecting millions of dollars into congressional races across the country, with particular emphasis on Illinois, which has attracted the bulk of the campaign financing. Arkansas, Alabama and Texas have also drawn the industry’s donations. Crypto Pacs, firms and investors have already s...

By Niamh Rowe