Crypto industry pours more than $200 million into 2026 midterms to pressure Congress on favorable rules

The largest group of single-issue super PACs in United States history is pouring millions of dollars into congressional races across the country. Cryptocurrency groups outpaced online betting and data center development groups in federal corporate political spending this election cycle, according to Public Citizen . Crypto-tied organizations have contributed more than $200 million in this election cycle. The industry is hoping to repeat the success of 2024, when super PACs spent $250 million to elect pro-crypto lawmakers and reshape Congress. Crypto juggernaut Fairshake and its affiliated super PACs are throwing their support behind 33 House candidates — 19 Republicans and 14 Democrats — seen as key supporters of the industry's priorities.