# Lobbying Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Lobbying", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Coinbase-Backed Group Endorses 32 House Members While CLARITY Act Stalls in Senate

The advocacy group Stand With Crypto, funded by Coinbase, has endorsed 32 incumbent U.S. House members for re-election in the November midterms. All endorsed candidates voted last year to pass the CLARITY Act in the House, a bill the crypto industry considers its top legislative priority for providing regulatory clarity. The Act is now stalled in the Senate despite earlier committee approval. Stand With Crypto is tying its endorsements to that single "yes" vote, aiming to turn the elections into a referendum on the bill and ensure its supporters return to Congress for its potential reconsideration. The group, which claims a grassroots network of 2.7 million supporters, launched a voter guide earlier this year to rate lawmakers on their crypto positions. Its goal is to make the next Congress the "most pro-crypto session in American history." Another bipartisan political action committee, the Blockchain Leadership Fund, has also announced its own slate of endorsements for the 2026 election cycle.

cryptonews.ru11h ago

Coinbase-Backed Group Endorses 32 House Members While CLARITY Act Stalls in Senate

cryptonews.ru11h ago

Cryptocurrencies, Artificial Intelligence, and Online Bookmakers Drive Record $517 Million Corporate Spending on Election Campaigning

Cryptocurrency, AI, and online gambling companies are behind record corporate spending of $517 million on the 2026 U.S. elections, according to Public Citizen. This amount, directed toward congressional races in just 15 months, already exceeds total corporate spending for the entire 2024 cycle. Funds are channeled through Super PACs and affiliated networks, allowing unlimited donations. Key contributors include companies like Coinbase, Ripple, Andreessen Horowitz, and Meta, alongside personal spending from billionaires such as Elon Musk and Sergey Brin. The crypto industry's main Super PAC, Fairshake, with a war chest of $193 million, has shifted strategy to support politicians based on policy stance rather than party, targeting critics like Senator Sherrod Brown, who has since softened his opposition. With an estimated $11.6 billion in total political ad spending expected, corporate cash is a major driver. Fairshake still has $130 million available for the November elections, and Musk plans to spend beyond his current $90 million, signaling that corporate political investment will continue to surge.

cryptonews.ru08/21 05:28

Cryptocurrencies, Artificial Intelligence, and Online Bookmakers Drive Record $517 Million Corporate Spending on Election Campaigning

cryptonews.ru08/21 05:28

Cryptocurrency and AI companies become the largest sponsors of US congressional elections

Cryptocurrency and artificial intelligence companies have emerged as the largest corporate sponsors of the 2026 US congressional elections, according to a Reuters report citing data from Public Citizen. The crypto, tech, and online betting industries have contributed at least $294 million to the midterm elections so far. Overall, US corporations have spent $517 million on House and Senate races in the 15 months leading up to the end of the first quarter, surpassing the previous record of $461 million set during the entire two-year 2024 election cycle. Major spending is expected ahead of the November 3 vote, with companies like Meta and Andreessen Horowitz directing significant funds through political committees, including those focused on crypto and AI issues. Analysts from AdImpact estimate total political advertising spending for this election cycle could reach $11.6 billion, exceeding the $11.2 billion spent in the 2023-2024 cycle.

cryptonews.ru08/20 12:56

Cryptocurrency and AI companies become the largest sponsors of US congressional elections

cryptonews.ru08/20 12:56

Crypto PAC Money Won Four Primaries, Then Stalled in Miami

The crypto-focused super PAC Fairshake, along with its affiliated committees Protect Progress (supporting Democrats) and Defend American Jobs (supporting Republicans), claimed victories in four out of five recent U.S. congressional primaries. They spent approximately $3.6 million across races in Alaska, Florida, and Wyoming. Their supported Republican candidates Sydney Gruters (FL-16) and Harriet Hageman (WY Senate) won, as did Democrat Lois Frankel (FL-23). However, in a notable setback in Florida's 24th district, Protect Progress spent over $2 million on negative ads against Democrat Oliver Gilbert but failed, as Gilbert won the primary with 34.4% of the vote. Gilbert had previously accused "tech billionaire friends of Donald Trump" of backing the crypto groups' efforts. Fairshake, funded largely by Coinbase, Ripple, and Andreessen Horowitz, has amassed a substantial war chest, reporting $193 million on hand as of January. It has already spent over $130 million in the 2024 cycle. The group's stated goal is to elect a pro-crypto Congress ahead of key legislative efforts, including the Senate's upcoming consideration of the bipartisan CLARITY Act, which aims to establish a comprehensive regulatory framework for digital assets.

cryptonews.ru08/20 05:22

Crypto PAC Money Won Four Primaries, Then Stalled in Miami

cryptonews.ru08/20 05:22

Pro-Cryptocurrency PAC Wins Primaries but Loses $2M Race in Florida

A pro-cryptocurrency political action committee (PAC), Fairshake, achieved mixed results in recent U.S. primary elections, spending millions to influence races ahead of the 2026 midterms. Fairshake's affiliated PACs, Protect Progress and Defend American Jobs, supported candidates in Alaska, Florida, and Wyoming, spending approximately $3.6 million. Four out of five candidates backed by their ads won their primaries or advanced. These included Democrat Lois Frankel in Florida, Republican Nick Begich in Alaska, Republican Sydney Gruters in Florida, and Representative Harriet Hageman in Wyoming's Senate race. However, a high-profile $2 million negative ad campaign by Protect Progress failed to defeat Democrat Oliver Gilbert in Florida's 24th District. Gilbert won despite the ads, which he attributed to "Trump's techie-billionaire friends" and "crypto-scammers trying to buy a Democratic primary." A PAC representative defended the ads' factual accuracy. Fairshake, with a reported $193 million war chest, has spent over $130 million in the 2024 cycle supporting pro-crypto candidates and opposing critics. A spokesperson stated the PAC is "just getting started" to build the largest pro-crypto Congress in history. The outcomes could impact future crypto legislation, such as the pending CLARITY Act, as the 2026 elections may shift congressional control and determine which parties advance or block industry-related bills.

cryptonews.ru08/19 22:12

Pro-Cryptocurrency PAC Wins Primaries but Loses $2M Race in Florida

cryptonews.ru08/19 22:12

PAC funded by Ripple and Coinbase spent $2,000,000 on Florida elections, barely mentioning crypto assets

A political action committee (PAC) called Protect Progress, which is affiliated with the Fairshake organization primarily funded by Coinbase and Ripple Labs, has spent over $2 million on advertising opposing a Democratic candidate in Florida's 24th congressional district. The ads target Oliver Gilbert, a Democratic primary candidate who had not taken a notable stance on digital assets before the campaign. Gilbert's opponent, Florida state Senator Shevrin Jones, has received a "strongly supports" rating from the crypto-advocacy group Stand With Crypto. The incumbent, Representative Frederica Wilson, who has voted against crypto-related bills in Congress, has endorsed Gilbert. In response to the ads, Gilbert criticized "tech billionaires... friends of [Donald] Trump" for backing "crypto grifters trying to buy the Democratic primary." Separately, the Protect Progress PAC spent over $150,000 supporting Representative Lois Frankel's re-election in Florida's 23rd district. An affiliated PAC, Defend American Jobs, reported spending a total of $1.5 million on ads supporting Republican candidates in Alaska, Florida, and Wyoming. These expenditures are part of a broader strategy by Fairshake, which reported a $193 million war chest earlier this year, to influence the 2026 midterm elections by supporting both Democratic and Republican candidates. To date, Fairshake's affiliated PACs have directed over $82 million into primary and special elections. The outcome of these primaries will help determine which party controls the House and Senate in the next Congress.

cryptonews.ru08/18 22:29

PAC funded by Ripple and Coinbase spent $2,000,000 on Florida elections, barely mentioning crypto assets

cryptonews.ru08/18 22:29

Galaxy Reduces the Probability of CLARITY Act Passing to 10%

Galaxy Digital has slashed its odds for the U.S. Stablecoin Clarity Act (CLARITY) passing in 2026 to just 10%, down from 75% in May. According to Galaxy's Head of Firmwide Research, Alex Thorn, unresolved political issues—including ethics rules for officials involved in the crypto industry and banking sector pushback over stablecoin yield provisions—pose significant hurdles. With the Senate reconvening on September 14th, there will only be about two to three weeks for passage. Thorn warns the bill would need to dominate the entire legislative session to succeed, especially if an initial procedural vote isn't held immediately upon lawmakers' return. The CLARITY Act, which aims to establish the first U.S. regulatory framework for digital assets, cleared the Senate Banking Committee in May but faces opposition from most Democrats and banks. They argue it would let crypto companies offer yields on stablecoins without meeting the same requirements as banks. Despite a June push from over 200 crypto firms and organizations urging its passage, the legislation's prospects have dramatically diminished.

cryptonews.ru08/15 12:44

Galaxy Reduces the Probability of CLARITY Act Passing to 10%

cryptonews.ru08/15 12:44

Galaxy lowers CLARITY Act odds to 10%

Galaxy Digital has reduced its estimate for the passage of the Digital Asset Market Clarity (CLARITY) Act in 2026 to just 10%, citing significant unresolved political issues and a tight Senate schedule. According to the firm's research head Alex Thorn, the Senate, reconvening in September, would have only about two to three weeks to pass the bill, requiring it to dominate nearly the entire session. Key hurdles include debates over ethics rules for government officials in crypto and banking industry pushback against stablecoin yield provisions. Galaxy has progressively lowered its odds from 75% in May. The CLARITY Act, which aims to create the first U.S. regulatory framework for digital assets, passed a Senate committee in May but faces opposition from most Democrats and banks who argue it gives crypto firms an unfair advantage.

cointelegraph08/15 08:50

cointelegraph08/15 08:50

Hyperliquid and other DeFi services are targeting the US market. What's the problem

The consideration of the crucial US crypto market regulation bill, the CLARITY Act, has been postponed to September in the Senate. However, even if passed, it will not address the regulation of fast-growing crypto industry segments like Decentralized Finance (DeFi). Therefore, popular DeFi projects such as Hyperliquid and Morpho are lobbying US regulators for specific exemptions and clarifications to allow them to operate in the US market. The CLARITY Act aims to clarify jurisdictional oversight between the SEC and CFTC for the spot crypto market but will only indirectly affect DeFi. Hyperliquid lobbyists, through the Hyperliquid Policy Center, are engaging with the CFTC and SEC. They propose allowing regulated US companies to offer clients perpetual futures trading on Hyperliquid's public blockchain and seek exemptions for developers of non-custodial applications. A key regulatory challenge is that Hyperliquid's on-chain model, where users self-custody assets, doesn't fit existing laws designed for regulated intermediaries. Further complexity arises as Hyperliquid offers perpetual futures tied not just to crypto and commodities but also to stocks like SpaceX, potentially falling under SEC jurisdiction. Simultaneously, the CLARITY Act largely overlooks decentralized lending. Morpho, whose deposits have nearly doubled to over $12 billion, has met with the SEC to discuss the regulatory status of crypto vaults. The SEC has warned that some vault operations may constitute securities activities and is considering rule changes. While platforms like Coinbase have integrated Morpho, its counsel suggests that passing the CLARITY Act could boost traditional finance's confidence in engaging with on-chain lending pools.

cryptonews.ru08/13 12:10

Hyperliquid and other DeFi services are targeting the US market. What's the problem

cryptonews.ru08/13 12:10

Hyperliquid Seeks Legal Path to Launch Perpetual Trading in the United States

Hyperliquid, a cryptocurrency exchange, is intensifying its lobbying efforts with U.S. regulators, including the CFTC and SEC, to find a legally compliant way to launch perpetual futures trading for American users. Currently, U.S. users are blocked from accessing the platform due to regulatory gaps that leave certain crypto derivatives outside the scope of the Commodity Exchange Act. Through its funded Hyperliquid Policy Center, the company is conducting research and advocacy in Washington, D.C., aiming to establish a regulated framework for on-chain perpetual contracts and decentralized market infrastructure in the United States. This push comes as U.S. regulators are already beginning to adapt, with the CFTC recently approving a Bitcoin-spot perpetual contract and seeking public comment on other perpetual products. Meanwhile, broader crypto market data for July shows a significant decline in trading volumes, with total futures volume on centralized exchanges hitting its lowest level since December 2023.

cryptonews.ru08/12 20:51

Hyperliquid Seeks Legal Path to Launch Perpetual Trading in the United States