Summary
- A cryptocurrency nonprofit has launched a political action committee (PAC) to support crypto-friendly politicians in the 2024 House and Senate elections.
- Stand With Crypto’s PAC aims to raise funds from its 440,000 members to endorse and support candidates protecting the rights of crypto advocates.
- Other crypto super PACs have raised over $110 million this election cycle, showing an increasing involvement of crypto in politics.
- The involvement of crypto in politics is not new, as seen by endorsements from figures like Donald Trump and financial boosts from industry leaders like the Winklevoss twins.
