{"id":7640,"date":"2025-01-14T17:18:40","date_gmt":"2025-01-14T17:18:40","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=7640"},"modified":"2025-01-14T17:18:40","modified_gmt":"2025-01-14T17:18:40","slug":"why-cryptos-election-spending-spree-signals-a-push-for-regulatory-overhaul","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=7640","title":{"rendered":"Why Crypto&#8217;s Election Spending Spree Signals A Push For Regulatory Overhaul"},"content":{"rendered":"<div>\n<p>The 2024 election cycle was a showcase of the cryptocurrency industry\u2019s new, aggressive approach to political influence, and now this investment aims to reap rewards in the form <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/01\/42962279\/trump-could-sign-crypto-related-executive-orders-on-day-1-report\">of regulatory changes<\/a>.<\/p>\n<p>The industry\u2019s massive spending wasn\u2019t just about backing friendly candidates; it was a calculated attempt to reshape the regulatory landscape. <\/p>\n<p>This means the \u201cso what\u201d is that the industry seeks to replace those they view as hostile regulators with policymakers more aligned with its growth ambitions.<\/p>\n<p>This was particularly driven by <strong>Coinbase <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/COIN#NASDAQ\">COIN<\/a>) and venture firm <strong>Andreessen Horowitz<\/strong> who were the biggest financial backers of the pro-crypto <a href=\"https:\/\/www.benzinga.com\/content\/42200248\/ripple-donates-25-million-more-to-crypto-super-pac-fairshake\">Fairshake super PAC<\/a>, which spent $173 million during the last election.<\/p>\n<p>The \u201cwhy\u201d behind such hefty spending is crystal clear: to oust regulators viewed as \u201coverzealous,\u201d like <strong>Sherrod Brown<\/strong> (D-Ohio), against whom the &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/01\/42981650\/why-cryptos-election-spending-spree-signals-a-push-for-regulatory-overhaul\" alt=\"Why\" crypto election spending spree signals a push for regulatory overhaul>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The 2024 election cycle was a showcase of the cryptocurrency industry\u2019s new, aggressive approach to political influence, and now this investment aims to reap rewards in the form of regulatory changes. The industry\u2019s massive spending wasn\u2019t just about backing friendly candidates; it was a calculated attempt to reshape the regulatory landscape. This means the \u201cso [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-7640","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7640","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7640"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7640\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}