Crypto Lobbyists Are Quietly Influencing 2024 Election: This Is Their Playbook
The cryptocurrency industry emerged as a major player in the 2024 U.S. election cycle.
What Happened: According to recent reports from CNBC and Politico, crypto-linked political action committees (PACs) and donors have contributed significant sums to both Republican and Democratic candidates, with a particular focus on key congressional races.
A pro-Donald Trump PAC, the Trump 47 Committee, raised approximately $7.5 million in cryptocurrency donations since early June, CNBC reported on Wednesday.
These contributions include popular cryptocurrencies like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), XRP (CRYPTO: XRP) and stablecoins like USDC (CRYPTO: USDC). The donations come from a diverse group of supporters across more than 15 states, including battleground regions.
Also Read: Trump Falls 3 Points Behind Harris In New Poll, Economic Worries Dominate Voter Concerns: Report
Notable contributors …
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