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Crypto Lobbyist Group Fairshake Dispensed $29,000,000 in September Alone As November Election Approaches

Crypto Lobbyist Group Fairshake Dispensed ,000,000 in September Alone As November Election Approaches

The crypto lobbyist group Fairshake disbursed nearly $29 million in September ahead of the American presidential election next month. A Federal Election Commission filing indicates Fairshake, a super political action committee (PAC), had dispensed more than $142.3 million year-to-date by the end of September and still had $42.8 million of cash on hand. Fairshake sent […]

The post Crypto Lobbyist Group Fairshake Dispensed $29,000,000 in September Alone As November Election Approaches appeared first on The Daily Hodl.

Bitcoin Quantum Computing Debate Reignites After Government Alert

Harris campaign aims to repair Democratic Party ties with crypto sector

As the 2024 election approaches, the interplay between political strategies and industry dynamics will continue to evolve.

In a significant move to mend relations with the cryptocurrency sector, United States Vice President Kamala Harris’s advisers have reached out to top crypto companies to reset the strained ties between the Democratic Party and the crypto industry.

According to the Financial Times, members of Harris’s team have recently contacted individuals connected to major crypto companies. These efforts include outreach to leading cryptocurrency exchange Coinbase, stablecoin company Circle and blockchain payments firm Ripple Labs.

The goal is reportedly to foster a more constructive dialogue and establish a regulatory framework conducive to the industry’s growth. This outreach comes as the crypto industry has increased support for her rival, Republican Party nominee and former President Donald Trump. This initiative also follows mounting criticism of President Joe Biden’s administration’s stance on digital assets.

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Bitcoin Quantum Computing Debate Reignites After Government Alert

Ripple, Coinbase, a16z invest $78M in pro-crypto PAC ahead of US elections

Prominent cryptocurrency companies and investors intend to support pro-cryptocurrency candidates during the 2024 U.S. election cycle.

Ripple CEO Brad Garlinghouse has publicly announced the company’s intent to support “pro-crypto’ candidates during the 2024 United States election season. The company is among a group to have pledged a total of $78 million to support the Fairshake political action committee (PAC).

Fairshake announced that prominent industry firms and players had contributed to a significant “war chest” to back candidates who support American crypto and blockchain innovation and responsible regulation in the upcoming 2024 elections.

The list includes individuals like Coinbase CEO Brian Armstrong, Tyler and Cameron Winklevoss, Circle, Coinbase, Kraken, Messari and Andreessen Horowitz (a16z).

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Bitcoin Quantum Computing Debate Reignites After Government Alert