Fairshake PACs' $2.7M House push tests crypto's path to clear rules

Two Fairshake affiliates are investing $2.7 million into U.S. House races before the midterm elections in November. But the industry’s ultimate objective of creating clear regulations for cryptocurrency in the U.S. is still a long way from being achieved. Fairshake received a total of $137.9 million from January 2025 until August 31, 2026, which included $99.1 million from individuals. The organization transferred $70 million to committees, spent $13.3 million without outside influence, and had $108.3 million in cash reserves. Republican-leaning Defend American Jobs received $37 million in transfers and spent $32.5 million independently.