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Political efforts tied to the crypto industry scored another set of wins in Texas, strengthening the case that the sector’s influence in US politics remains strong under a more pro-digital asset administration. According to reporting from Eleanor Terret of Crypto In America, the crypto industry went 6-for-6 backing winning candidates in the Texas primary runoffs held Tuesday night. Anti-Crypto Hits At The Ballot Box One of the biggest results came from the Democratic primary runoff in Texas’s 18th Congressional District. In that race, Terret reported that Rep. Christian Menefee defeated 20-year incumbent Rep. Al Green. Fairshake, the industry’s leading super political action committee (PAC), took credit for the win after spending roughly $6.5 million on the race, largely through advertisements supporting Menefee. Related Reading: Will XRP Price Ever Reach $200? Top Expert Discloses What Must Happen First A Fairshake spokesman, Geoff Vetter, argued that Green’s loss showed how anti-c
Read full articleThe shift towards lighter crypto regulation may boost innovation but risks instability without durable legislative frameworks. The post Trump criticizes former SEC Chair Gensler for harming crypto industry appeared first on Crypto Briefing.
Senator Cynthia Lummis issued a fresh warning on Wednesday about the timing and urgency of the long-awaited CLARITY Act, a bill intended to lay out a clearer regulatory framework for the crypto industry. In her comments, the pro-crypto lawmaker focused on what she described as the real-world risk to software developers if the legislation does […]
While crypto industry-backed candidates won runoffs in Texas on Tuesday, industry PACs have less of a stake in California races next week.
The payments giant can now legally conduct digital asset business activity in New York as it deepens its focus on blockchain-based settlement systems.
JPMorgan's internal succession planning signals strategic continuity, impacting investor confidence and the bank's future digital asset approach. The post JPMorgan’s Dimon highlights internal candidates for succession planning appeared first on Crypto Briefing.
Crypto PACs threw serious money behind a handful of Texas runoffs, helping oust a senior Democrat and boost Republican hopefuls as lawmakers hammer out new US crypto rules.
Crypto's $9M Texas Political Takeover Explained The post Crypto’s $9M Texas Power Grab: How Fairshake Bought a State appeared first on 99Bitcoins.
Christian Menefee defeats Al Green in Texas runoff after Fairshake-backed crypto PAC spending, giving pro-crypto forces a key House win.
