Crypto groups spend $176 million ahead of US midterms

Briefing by News4U · First published

Cointelegraph reported that crypto industry groups spent about $176 million ahead of Tuesday's US midterm elections, with control of Congress and the future of crypto legislation at stake. Republicans currently hold 219 House seats and 53 Senate seats, while Democrats seek to overturn those majorities. The results could reshape prospects for the stalled CLARITY Act and affect Senate confirmation of future regulatory nominees. [1]

Sources

  1. What’s at stake for crypto as the US votes in the 2026 midterms?

    Cointelegraph · · Full text

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