The upcoming 2026 US midterm elections could be the most cryptocurrency-focused elections, as digital currency advocates vowed to throw their full support behind candidates who will help the industry thrive. Political Super Action Committee (Super PAC) Fairshake and other groups are mobilizing crypto voters to elect policymakers who can create a more favorable regulatory landscape for the digital asset economy.
Fairshake: Pro-Crypto Policy
chris dixon founder of a16z crypto, said the outcome of the 2024 US election will not diminish crypto groups’ commitment to lawmakers who will stand up for their industry.
Dixon noted that regardless of party affiliation, their group is committed to defending policymakers who will push for the creation of a regulatory framework that protects crypto consumers and grows the digital asset sector.
As proof, Dixon yesterday donated more than $23 million to Fairshake and his bloc to fund pro-crypto candidates in the 2026 US midterm elections.
Achieving crypto policy goals
Dixon explained that making financial contributions to political action groups like Fairshake is one of the strategies used to ensure that their industry will adopt pro-crypto policies.
He said Fairshake is a group created to support U.S. lawmakers, both Republicans and Democrats, who recognize that “crypto is not red or blue,” but an essential component that will ensure the United States continues to thrive in the years to come will be the leader in technology. .
He noted that Fairshale has made great progress in bringing and retaining cryptocurrencies in the national conversation for the American elections cycle, saying that his group is proud to continuously support the Political Action Committee.
Campaign funds for the 2026 elections
While there are no winners yet for this year’s US elections, cryptocurrency advocates are already setting their sights on the next US elections in 2026.
CRYPTO BREAKING NEWS
Fairshake unveils war chest worth $78 million in crypto donations. Crypto bigwigs and Silicon Valley mastodons rallied Fairshake’s coffers for the 2026 US midterm election cycle, even hours before America would decide its next president. take a look at us… pic.twitter.com/GmN2KyMpLB— InnovatekMobile (@Neome_com) November 4, 2024
According to reports, Fairshake was that early able to raise $78 million to help pro-crypto candidates win the 2026 US elections.
In an interview, Fairshake revealed that it successfully raised approximately $170 million in campaign funds during this US election, with an estimated $135 million used to help pro-crypto candidates.
The political action group said Coinbase, Ripple Labs and Andreessen Horowitz were the perpetrators major donors while the rest was given by individuals, such as the Winklevoss twins who donated $5 million, and other companies.
Lobbying the US Congress
Dixon said that aside from campaign contributions, his group will not stop working with U.S. policymakers to explain the technology and its benefits.
“We will introduce them to entrepreneurs and makers building with blockchain technology to demonstrate firsthand the challenges they face when the laws are murky but lawsuits abound,” he said.
He urged current and future lawmakers to pass legislation that will eliminate “bad actors” in crypto, as well as laws that will promote competition in the stablecoin sector.
Featured image of Fairshake, chart from TradingView