Crypto industry wields growing influence in US politics with donations climbing over $190 million
Crypto-driven donations are playing a crucial role in toss-up districts as the industry tries to secure political allies.
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The crypto industry’s influence is making waves, from political donations exceeding $190 million in key US races to Stripe’s $1.1 billion acquisition of stablecoin platform Bridge. Ripple stays politically active with co-founder Chris Larsen’s $10 million XRP donation to Kamala Harris, while Bitcoin miners may be undervalued at a combined $28 billion. Catch up on the biggest headlines and insights shaping the crypto space today!
Crypto industry wields growing influence in US politics with donations climbing over $190 million
Political donations made by the US crypto industry have surged to record highs after surpassing $190 million as the final stretch of the election cycle approaches, CNBC reported on Oct. 20.
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