Cointelegraph·4h ago·neutral

Crypto companies have spent $189M on 2026 US election cycle, report says

Public Citizen reports crypto companies account for 37% of all corporate political contributions in the 2026 cycle, with Fairshake and MAGA Inc. PACs leading spending.

Crypto industry contributed $189 million so far in the 2026 election cycle, per Public Citizen.
Fairshake PAC spent over $82 million; MAGA Inc. (backed by Crypto.com) spent over $56 million.
Crypto PACs are active in both Democratic and Republican primaries, following the 2024 playbook.
Combined PAC spending has already exceeded the $170 million contributed in the entire 2024 cycle.
Coinbase and Ripple are key backers of Fairshake and its affiliates Defend American Jobs and Protect Progress.

regulationpeopleImpact 6/10

Why our editor rated this neutral

Factual reporting on political spending by crypto companies. Shows industry is politically engaged but does not indicate a clear positive or negative outcome for crypto buyers.

Read the full story at Cointelegraph

Coinporta summarises news for fast scanning. Full reporting belongs to the source.

Share

Back to all news