In a strategic move to shape the future of the cryptocurrency industry in the United States, it has been announced that the cryptocurrency sector will support candidates endorsing cryptocurrency in the 2024 U.S. presidential election through the Fairshake Super PAC and its affiliates. So far, over $78 million has been raised, and this funding aims to counter the current execution-centric regulatory approach and elect leaders who will implement fair and responsible cryptocurrency policies.
With only 9% of Americans satisfied with the existing financial system, the crypto industry’s campaign resonates with the 52 million Americans who own digital assets. Key industry players and individuals, including Andreessen Horowitz, Ark, Brian Armstrong of Coinbase, Circle, Kraken, Multicoin Capital and others, have contributed to this cause, reflecting a united stand for crypto’s responsible growth.
The grassroots movement ‘Stand with Crypto’ is also gaining momentum, signing up 215,000 advocates within four months, targeting 1 million members ahead of the elections. This surge in support, particularly among younger voters disillusioned with the traditional financial system, underscores the growing influence of digital assets and technology in shaping political and economic landscapes.
