Crypto is making a splash in U.S. elections — but chiefly in jabs about industry influence
Boosters often say crypto voters can swing elections, but Democrats are seeking mileage out of tying crypto to Trump, corruption and attempts to buy seats in Congress.
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Summary
- The crypto industry’s campaign spending doesn’t make ads that mention crypto, so the main place the topic has come up in the elections is as a political weapon wielded by Democrats bashing the sector and its ties to President Donald Trump.
- Candidates such as former Senate Banking Committee Chairman Sherrod Brown and incumbent Virginia Senator Mark Warner are flagging the industry’s outsized political spending and close relationship with the president.
