Crypto Firms Set New Political Donation Record
According to data from the nonprofit organization Public Citizen, Ripple, Coinbase, and other crypto companies have contributed a total of $189 million to the 2026 US midterm elections. This amount represents 37% of the total $517 million in corporate political donations, highlighting the crypto industry's aggressive push into political advocacy. In comparison, during the 2024 presidential election, crypto firms donated approximately $160 million. Following the Trump administration's rise to power, these companies have accelerated lobbying efforts to solidify the deregulatory gains and ensure a favorable regulatory environment persists.
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