Fairshake, the crypto-backed political action committee supported by major industry players including Coinbase, Ripple Labs and Andreessen Horowitz, has
- Fairshake, a crypto-backed PAC, is allocating $6 million to six House candidates and plans to spend over $100 million on political ads for the 2026 U.S. midterms.
- The PAC's support is tied to 32 candidates who voted for the Digital Asset Market Clarity Act, despite its uncertain legislative path.
- The spending aims to influence policy and create a pro-crypto caucus, with a significant focus on key Senate races like Ohio's.
Topics: Political endorsements opposition, Legal regulatory, Pro innovation policy, Legislative debates, Securities law classification
Tags: #fairshake #cryptopac #usmidterms #housecandidates #digitalassetmarketclarityact #coinbase #ripplelabs #andreesenhorowitz #politicalspending #regulatoryclarity