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Crypto lobby spending risks 2026 midterm backlash

From financial-news.co.uk

The crypto lobby spent heavily in 2024. Voters are not impressed. Recent polling shows 47% of Americans trust a traditional bank over a crypto platform. Only 17% trust crypto as much. The numbers suggest a problem for candidates taking industry money ahead of the 2026 midterms. Coinbase and a16z were not shy about their contributions last cycle. Fairshake, the pro-crypto PAC, amassed a significant war chest. But only 3% of voters have heard of it, according to wire reports. Awareness of crypto lobby spending is low. When it rises, the electoral calculus could shift. Crypto lobby spending meets voter distrust Ohio ... (full story)

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