CLARITY Vote Failure May Boost Crypto PAC Spending in Key Races

Crypto industry weighs the risks of alienating Democratic lawmakers

Politico reports: The cryptocurrency industry is at a political crossroads. Reeling from the demise of its longtime top legislative priority, crypto companies must now decide how scorched-earth to go against Senate Democrats, who last week voted unanimously against the so-called Clarity Act, a sweeping bill that would create a bespoke new regulatory framework for digital assets. A crypto-backed PAC network’s move this week provides a hint of wha…

CLARITY Vote Failure May Boost Crypto PAC Spending in Key Races

The U.S. Senate’s decision last week to let the Digital Asset Market Clarity (CLARITY) Act stall has quickly turned into more than a legislative setback for crypto. Industry political groups are already recalibrating their midterm strategy with the 2026 election just weeks away, betting that lawmakers’ voting records will shape who receives financial support—or faces [...]

CLARITY blame + crypto guilt = midterm revenge

CLARITY Act stalls as the CFTC and SEC advance crypto rules, while Coinbase's CEO faces scrutiny and Fairshake plans new political spending.