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Crypto firms have spent $189 million so far on 2026 US election, report says

Public Citizen said crypto firms made up more than one-third of corporate money in the cycle, with Fairshake receiving $82 million.

  • Cryptocurrency companies have spent $189 million influencing the 2026 U.S. midterm elections, making crypto the top corporate political spender this cycle according to Public Citizen.
  • More than one-third of all corporate money for the 2026 elections has come from the crypto industry, surpassing contributions from other major sectors.
  • The crypto industry gained major policy wins in 2024, including a bipartisan law creating a federal framework for stablecoins.
  • A key crypto bill called the Clarity Act has stalled in the Senate, and its future is unclear before the upcoming elections, with some Democrats opposing it over concerns about political profits from crypto.
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Bias Distribution

  • 64% of the sources are Center
64% Center

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Reuters broke the news in New York, United States on Tuesday, June 30, 2026.
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