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Crypto lobbying groups spent 11x more on Republicans than…

Crypto industry lobbying groups directed roughly eleven times more political spending toward Republican candidates and…

Crypto industry lobbying groups directed roughly eleven times more political spending toward Republican candidates and committees than toward Democrats, according to recent campaign finance data. The lopsided allocation reflects the industry's strategic bet on a GOP-aligned regulatory environment following the 2024 election cycle.

The spending gap underscores a broader realignment in crypto's political posture. After years of attempting to cultivate bipartisan support, major industry players appear to have concentrated resources where they see the clearest path to favorable legislation — including a crypto market structure bill and stablecoin framework that have gained more traction on the Republican side of the aisle.

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Aggregated from CoinTelegraph · Verified · Last refreshed 2h ago
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