Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»TRADING NEWS»Crypto industry mobilizes $78 million war chest for cryptocurrency supporters in 2024 elections
TRADING NEWS

Crypto industry mobilizes $78 million war chest for cryptocurrency supporters in 2024 elections

By Crypto FlexsDecember 22, 20232 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Crypto industry mobilizes  million war chest for cryptocurrency supporters in 2024 elections
Share
Facebook Twitter LinkedIn Pinterest Email

The cryptocurrency industry is gearing up for the 2024 US elections and is raising $78 million to support cryptocurrency-backed candidates. Fairshake, a Super PAC registered with the Federal Election Commission (FEC), is leading this initiative with notable contributions from industry leaders and corporations. Supporters include Andreessen Horowitz, Ark Invest, Coinbase, and Ripple. The goal is to support leaders who advocate for U.S. cryptocurrency and blockchain innovation and responsible regulation.

Industry leaders and companies unite:

Fairshake’s war chest receives donations from influential figures and organizations within the cryptocurrency space. Notable backers include venture capital firms Andreessen Horowitz, Coinbase and CEO Brian Armstrong, as well as Ripple, Kraken, Circle and the Winklevoss twins. This initiative aims to address regulatory issues and establish a clear legal framework to unlock the full potential of the blockchain economy.

Ripple CEO Endorses Crypto Leadership:

Ripple CEO Brad Garlinghouse emphasizes the need for candidates who support innovation and support cryptocurrency in the 2024 US election cycle. He argued that the United States cannot afford to lag behind the rest of the world, and pointed to regulatory issues, particularly at the SEC, as an obstacle to progress. Garlinghouse supports leaders who advance the industry by championing innovation and prioritizing responsible regulation.

Coinbase’s Promise of Representation:

Coinbase CEO Brian Armstrong expressed pride in contributing to the war chest, emphasizing the importance of providing better representation for the 52 million Americans who use cryptocurrency. He envisions a bipartisan effort and aims to reach $100 million in the first quarter of the coming year. The industry’s shared goal is to promote transparency, innovation, and a compliance-first approach by supporting candidates who align with cryptocurrency values.

Shaping the regulatory environment:

The well-funded cryptocurrency industry is seeking to influence the regulatory environment in its favor. This initiative reflects a united front within the cryptocurrency industry to ensure that the industry’s voice is heard in addressing regulatory issues, fostering innovation, and establishing policies that are conducive to growth.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Why Bakkt Holdings can buy Bitcoin with a $ 1 billion increase

June 27, 2025

Why I am still optimistic despite noise

June 26, 2025

Like the initial Cardano, a way to reach $ 300 for Loy tokens more than $ 450K

June 25, 2025
Add A Comment

Comments are closed.

Recent Posts

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Earns $9,800 Per Day With BTC Breaks Through $107,000, GoldenMining Global Market.

June 27, 2025

Why Bakkt Holdings can buy Bitcoin with a $ 1 billion increase

June 27, 2025

NVIDIA RTX strengthens FITY’s AI -centered innovation in Cooler Design.

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025
Most Popular

Solana Price Slide -The reason is as follows:

February 18, 2025

Memes vs Utility, Jokes vs DeFi Cards, Pepe (PEPE) vs Retik Finance (RETIK), Here’s Why Utility Will Matter More Than Memes in 2024

December 9, 2023

Nayib Bukele’s Bitcoin bet leads to $13 million profit as BTC ETF approval approaches.

January 9, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.