Crypto Industry Is Spending More on Lobbying Than Ever
Eyeing major legislative wins, the cryptocurrency industry is on pace to spend a record amount on federal lobbying, according to a Sludge analysis of disclosures covering the first half of 2025.
Eyeing major legislative wins, the cryptocurrency industry is on pace to spend a record amount on federal lobbying, according to a Sludge analysis of disclosures covering the first half of 2025.
Trump Media & Technology Group's crypto partners in the new venture are also lobbying Congress to pass major industry-friendly legislation now being advanced.
In a closer-than-expected Florida special election, a top crypto industry super PAC is shelling out for Republican Randy Fine, who has been out-raised by Democrat Josh Weil.
The next Congress, dubbed “the most crypto-friendly Congress ever” after massive election spending by the industry, will have a crypto-savvy Arkansas Republican atop a key committee.
Crypto industry super PACs have now poured $120 million into 2024 elections, backing a blend of Republicans and Democrats in key races.
The donations are on top of the approximately $25 million the company has recently donated to pro-crypto super PACs.