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Crypto Group Backs Candidates Ahead of 2026 US Midterms
A crypto advocacy group called Stand With Crypto has chosen candidates to support in the 2026 US elections.
It is backing candidates for both the Senate and House of Representatives.
The group supports people from both the Republican and Democratic parties.
Coinbase launched the group in 2023.
Crypto companies and investors are also giving money to political committees and campaigns.
One committee, Fairshake, plans to spend money supporting Jon Husted in Ohio.
The election results could affect whether Congress passes new rules for digital assets.
A crypto market bill passed the House but did not receive enough votes in the Senate.
Stand With Crypto endorsed Senate candidates Jon Husted, Ashley Hinson and Chris Pappas for 2026.
The group also backed House candidates Mariannette Miller-Meeks and Shomari Figures.
Stand With Crypto was launched by Coinbase in 2023 as an industry-aligned advocacy group.
Control of Congress could influence legislation such as the Digital Asset Market Clarity Act.
Crypto-backed Fairshake PAC had spent $82 million nationally by June and pledged $30 million for Husted.
- Who
- Stand With Crypto, along with crypto-backed political committees and donors, is supporting selected Republican and Democratic candidates.
- What
- The group announced endorsements for 2026 Senate and House races and highlighted the possible effect of congressional control on crypto legislation.
- Where
- The races include Ohio, Iowa, New Hampshire and Alabama, as well as other US congressional districts.
- When
- The endorsements were reported on Wednesday, September 30; the elections are scheduled for 2026.
- Why
- The group is supporting candidates it describes as pro-digital-asset policy champions, while congressional control could affect crypto legislation.
Crypto Industry Support
Electoral and Legislative Uncertainty
Candidate endorsements
Crypto Industry Support
Stand With Crypto says its endorsed candidates are proven digital-asset policy champions and supports candidates from both major parties.
Electoral and Legislative Uncertainty
The article notes that the group’s backing is part of wider industry political spending, including PAC contributions and direct campaign donations.
Future of crypto legislation
Crypto Industry Support
Support for candidates could help advance bills such as the Digital Asset Market Clarity Act.
Electoral and Legislative Uncertainty
The bill failed to receive enough Senate votes after passing the House, and polls cited in the article suggest Democrats could regain control of both chambers in 2027, potentially changing its prospects.
Key facts
- Advocacy group
- Stand With Crypto
- Launched by
- Coinbase, in 2023
- Senate endorsements
- Jon Husted in Ohio, Ashley Hinson in Iowa and Chris Pappas in New Hampshire
- House endorsements
- Mariannette Miller-Meeks in Iowa and Shomari Figures in Alabama, among others
- Relevant legislation
- Digital Asset Market Clarity (CLARITY) Act
- Fairshake spending
- The PAC had spent $82 million on candidates nationally as of June
- Planned Ohio spending
- Fairshake pledged an initial $30 million to support Jon Husted
Sources
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