Stand With Crypto Endorses Bipartisan Candidates for Midterms
- Stand With Crypto (SWC) endorsed over 30 House members who supported digital asset framework legislation.
- The Coinbase-backed organization plans to fund ads in six House races to support pro-crypto candidates.
- Republican Sen. Jon Husted of Ohio and Senate candidates Ashley Hinson (R-IA) and Chris Pappas (D-NH) received SWC’s endorsement.
- SWC’s endorsements came after the U.S. Senate failed to pass the CLARITY Act, which received only 49 yes votes versus the required 60.
- The endorsed candidate pool is split roughly equally between Democrats and Republicans, supporting those who backed key pro-crypto bills.
Stand With Crypto has taken a bipartisan approach by endorsing candidates from both parties who have shown support for digital asset legislation, including the CLARITY Act and the Financial Innovation and Technology for the 21st Century Act. This move highlights SWC’s commitment to advancing crypto-friendly policies in government.
The organization’s strategic endorsements aim to bolster legislative support for cryptocurrency through targeted advertising campaigns in key races, demonstrating its proactive stance following the Senate’s failure to pass significant crypto legislation. (Source)
