US Crypto Industry Ramps Up Political Spending

IconCryptoNewsTerminal Staff31 Jul, 2024

cryptonews.jpg

US Crypto Industry Ramps Up Political Spending

The crypto and blockchain industry is ramping up its influence in politics, with crypto-focused super-PAC Fairshake set to pour millions into the upcoming US election cycle, Cointelegraph reports. "The crypto industry and politics are becoming increasingly intertwined,” said Eric Rapaglia, chief strategy officer of blockchain real estate platform Propy. “This was made evident with former US President Donald Trump speaking at the Bitcoin 2024 conference in Nashville last weekend, showing that crypto issues have bipartisan support.