Crypto Influences the U.S. Presidential Election 🇺🇸
The crypto sector funded the U.S. election with a record $238 million, surpassing Wall Street and oil companies!
Leading the pack are Coinbase, Ripple, and Andreessen Horowitz (a16z), contributing a combined $160 million. Another $57 million came from Ripple executives, a16z partners, and the Winklevoss twins from Gemini.
Most of this funding supports candidates who favor crypto and oppose heavy regulation. The crypto community is seeking clear, understandable rules for operating in the U.S. — and these investments clearly signal to policymakers that current conditions are unsatisfactory.
It’s now safe to say: crypto has shown it is serious about influencing regulatory decisions in the U.S. It’s no longer just trading obscure assets online — crypto has become a force that even top candidates take seriously.
The sector is gaining weight not only in the global economy but also in politics, and its significance continues to grow. An industry that could once be ignored is now making itself known with confidence, and this is just the beginning of its journey 🥰