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Crypto is involved in the US election cycle like never before with backers directing more money to support their industry than any other single-issue interest group. Crypto donors have given more than $190 million at the federal level. @timsteno reports https://t.co/HtqlccUcnr https://t.co/d5ya2MqJgT
🚨MY LATEST for @FoxBusiness: Bitcoin miners launch ad campaign in swing states to boost crypto-friendly candidates. The ads from @BitcoinVoterPAC represent the culmination of a $2M initiative aimed at identifying and mobilizing pro-$BTC voters. https://t.co/h5fLua4j7h
POLITICO: A $160 million political spending spree by cryptocurrency firms and executives is poised to usher in a new, bipartisan army of industry-friendly lawmakers across the House and Senate. https://t.co/OEoSQBxSvs
The Ohio Senate race is intensifying as the cryptocurrency industry increases its political spending ahead of the election. Pro-crypto super PAC Defend American Jobs has invested $40 million in advertisements supporting Republican candidate Bernie Moreno. Additionally, a new ad campaign from Bitcoin Voter PAC, which supports candidates like Dave McCormick and Donald Trump, has emerged, targeting Bitcoin voters in swing states. Overall, the cryptocurrency sector is contributing significantly to this election cycle, with a reported $160 million spent by firms and executives to promote pro-crypto lawmakers across both major political parties. In total, crypto donors have contributed over $190 million at the federal level, marking a notable increase in political engagement from the industry.