Stand With Crypto Endorses Senate Candidates After Clarity Act Stalls

Weeks after the Senate failed to advance the Clarity Act in a procedural vote, Stand With Crypto announced its first round of Senate endorsements. The Coinbase-backed group is backing Republican Sen. Jon Husted in Ohio, Ashley Hinson in Iowa and Chris Pappas in New Hampshire. It also endorsed House candidates and said it would increase advertising in six House races.

Why it matters

The Clarity Act was intended to establish a federal regulatory framework for the crypto industry. Senate Democrats said they could not support a bill that would allow President Donald Trump to profit personally from crypto, citing his income from digital-asset ventures. The vote’s failure leaves the legislation stalled and puts the debate over crypto rules into the campaign arena.

Stand With Crypto says its more than three million advocates are shifting focus toward electing candidates who support clear rules. The group has a lawmaker scorecard and previously endorsed six bipartisan candidates ahead of November. Its latest House endorsements include Rep. Shomari Figures and Rep. Mariannette Miller-Meeks. The group also plans advertising in races involving Reps. Don Davis and Bryan Steil. The newly endorsed House candidates supported the Clarity Act when it passed the House last year.

Market impact

The endorsements extend an established political push: crypto interests spent millions through super PACs in the 2024 elections. Fairshake spent $12 million in Ohio supporting Republican Bernie Moreno, who defeated former Sen. Sherrod Brown. The new endorsements and advertising signal continued efforts to influence which lawmakers shape crypto policy.

For the industry, the immediate consequence is political rather than a change in regulation: the Senate framework remains stalled, while advocacy groups seek to make support for crypto legislation a factor in upcoming races. The contest over federal market rules now runs through both legislative negotiations and election campaigns.