TLDR Crypto · MARKETS & BUSINESS

CRYPTO GIANTS NOTCH WINS IN EXPENSIVE QUEST TO SWAY U.S. POLITICS – WITHOUT MENTIONING CRYPTO

coindesk.com15 min read

Summary from the TLDR Crypto newsletter

The crypto industry has significant political influence in the 2024 US election through a $169 million campaign fund managed by the Fairshake PAC. Companies like Coinbase, Ripple, and a16z are financing the fund but rarely discuss its decision-making process. In pursuing its goal of de-politicizing crypto, it has supported over 20 congressional primary wins and is preparing to influence races beyond the 2024 election cycle.