Crypto Industry Spends Nearly $189 Million on Pro-Crypto Legislation Ahead of Midterm Elections
The crypto industry spent approximately $189 million in the U.S. midterm elections, becoming the largest corporate political spender this cycle according to a Public Citizen report. Despite significant lobbying efforts, the Clarity Act has only a 31% chance of passing by year-end due to legislative gridlock and partisan disagreements.
Topics: Clarity Act crypto lobbying politics