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Crypto could justifiably spend even more on lobbying

Crypto could justifiably spend even more on lobbying

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Source: Coin Telegraph

An uneasy feeling about the current volume of crypto political spending is understandable. If you believe in the mission, it’s the price of survival.

Opinion by: Aaron Brogan, founder of Brogan Law.

We are in a new age. The sound and fury of 2024 is behind us, but that only means the next election is approaching. Fittingly, the cryptocurrency political action committee (PAC) Fairshake is already raising for 2026. Last cycle, this money was controversial, being described variously as a “flood” and a “loaded gun” pointed at lawmakers. The US Securities and Exchange Commission itself called it “influence peddling.” This unspecific grousing belies a sharper concern. Is the cryptocurrency industry spending too much? Is this all wrong? 

It’s not. Here’s why. 

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Author: Aaron Brogan