Crypto PACs report $2.7M spending blitz on House races as midterms loom

Read original at CoinTelegraph·

Crypto PACs report $2.7M spending blitz on House races as midterms loom

60-second summary

Crypto‑aligned political action committees have poured $2.7 million into television and digital ads targeting House races, aiming to back “pro‑crypto” candidates ahead of the 2026 midterms with only 22 days left until voting. The spending surge signals intensified lobbying as legislators weigh cryptocurrency regulation, potentially shaping future policy and driving market volatility.

With just 22 days until the US midterm elections, a crypto-aligned committee has announced another major ad expenditure to support “pro-crypto” candidates in 2026.