Coinbase-Backed Stand With Crypto Discloses Political Plan For 2026 Midterm Elections

bitcoinistОпубліковано о 2026-03-27Востаннє оновлено о 2026-03-27

Анотація

Coinbase-backed advocacy group Stand With Crypto has announced its first endorsements for the 2026 U.S. midterm elections and launched an online voter hub to mobilize pro-crypto voters. The group endorsed six incumbent lawmakers from both major parties and will focus on competitive House races where crypto issues may be decisive. The voter hub provides information on candidates' positions, including scorecards based on public statements and legislative records. With over 2.7 million advocates, the group aims to turn crypto supporters into a influential voting bloc. A survey revealed that 59% of crypto owners are swing voters, and 80% are highly motivated to vote. Nearly two-thirds would support candidates backing the crypto industry, and 74% favor those supporting clearer regulations.

Stand With Crypto, an advocacy group backed by crypto exchange Coinbase (COIN), has unveiled its first endorsements for the upcoming midterm elections in the United States and unveiled a new online voter hub aimed at mobilizing pro-crypto voters.

Stand With Crypto Builds Voter Tools

In a Thursday press release, the organization said it will back six incumbent lawmakers from both major parties and focus resources on a set of competitive House contests where it believes crypto issues could be decisive.

The voter hub, the group said, will compile up-to-date information on congressional candidates’ positions on digital assets, including scorecards that rate candidates’ favorability based on public statements, legislative records, and responses to a Stand With Crypto questionnaire.

The group described the hub as a tool to equip its network — more than 2.7 million advocates nationwide — with the information needed to cast informed ballots in November.

Stand With Crypto’s scorecard for each candidate

Mason Lynaugh, executive director of the Coinbase-backed group, framed the initiative as an effort to convert crypto supporters into an influential voting bloc, stating:

This year, crypto voters are poised to play a powerful and decisive role at the ballot box — our goal is to equip our more than 2.7 million advocates across the country with the tools they need to make informed choices this November.

Lynaugh added that the organization’s priority races are intended to help ensure that the 120th Congress is “the most pro-crypto session in America’s history,” and that the initial slate of endorsed candidates already has a record of supporting clear, pragmatic policies that foster innovation.

Stand With Crypto named six members of Congress in its first endorsement round: Representative Zach Nunn (R-Iowa), Rep. Susie Lee (D-Nevada), Rep. Mike Lawler (R-New York), Rep. Don Davis (D-North Carolina), Rep. Greg Landsman (D-Ohio), and Rep. Rob Borsellino Bresnahan (R-Pennsylvania).

Majority Of Crypto Owners Want Clearer Rules

The group also reported that among 1,000 crypto owners and advocates polled, 59% of crypto owners and 77% of Stand With Crypto advocates are heterogeneous voters who do not reliably vote for a single party.

The group noted that nearly a third of these voters are persuadable in their respective US Senate contests, suggesting that candidates’ positions on cryptocurrencies could sway outcomes.

Survey results also suggest crypto owners are highly motivated to vote: nearly 80% described themselves as “almost certain” to vote in 2026, and more than 75% said they were enthusiastic about participating in the general election — figures Stand With Crypto said outpace the broader adult population.

A majority (64%) of crypto owners said they would be enthusiastic about supporting candidates who back the cryptocurrency industry, and about 47% said they could back a candidate who agreed with them on crypto even if they disagreed on other policy areas.

Importantly for ongoing congressional negotiations on the anticipated CLARITY Act, 74% of crypto owners said they would be more likely to support candidates who favor clearer regulatory frameworks for the sector, with 31% saying they would be much more likely to do so.

The daily chart shows Coinbase’s stock dropping near $170 on Thursday trading session. Source: COIN on TradingView.com

Featured image from OpenArt, chart from TradingView.com

Пов'язані питання

QWhat is the main goal of Stand With Crypto's new political initiative for the 2026 midterm elections?

AThe main goal is to mobilize pro-crypto voters by providing them with information and tools, and to help ensure that the 120th Congress becomes 'the most pro-crypto session in America's history'.

QHow many advocates does Stand With Crypto claim to have in its nationwide network?

AStand With Crypto claims to have more than 2.7 million advocates in its nationwide network.

QWhich six incumbent lawmakers did Stand With Crypto endorse in its first round?

AThe endorsed lawmakers are Rep. Zach Nunn (R-Iowa), Rep. Susie Lee (D-Nevada), Rep. Mike Lawler (R-New York), Rep. Don Davis (D-North Carolina), Rep. Greg Landsman (D-Ohio), and Rep. Rob Borsellino Bresnahan (R-Pennsylvania).

QAccording to the group's survey, what percentage of crypto owners are 'almost certain' to vote in the 2026 election?

ANearly 80% of the crypto owners surveyed described themselves as 'almost certain' to vote in the 2026 election.

QWhat key piece of legislation is mentioned in relation to the survey results on regulatory frameworks?

AThe anticipated CLARITY Act is mentioned, with 74% of crypto owners saying they would be more likely to support candidates who favor clearer regulatory frameworks for the sector.

Пов'язані матеріали

Must-Watch Events Next Week|CLARITY Act Could Face Senate Vote; SpaceX, Circle to Report Earnings (8.3-8.9)

**Summary: Key Events and Developments to Watch (August 3-9)** The upcoming week is marked by significant financial disclosures, key legislative deadlines, and notable product updates. **Major Financial Events:** Several companies are scheduled to release their Q2 2026 earnings. American Bitcoin (ABTC) will report on August 3, followed by SpaceX and Hut 8 Mining Corp. on August 4, and Circle on August 5. Notably, a significant portion of SpaceX shares (up to 12% of total shares) will be unlocked on August 6 following their earnings release. **Key Legislative Deadline:** The U.S. Senate faces an August 7 deadline to secure 60 votes for the CLARITY Act, a bipartisan bill aiming to establish a federal regulatory framework for cryptocurrencies. The Senate may hold a full vote on the bill during the week. **Economic Data:** The U.S. July Non-Farm Payrolls report will be released on August 7, providing crucial labor market data. **Technology & Product Updates:** * **Shutdowns:** DeFi portfolio tracker Zapper and wallet app Ctrl Wallet will cease operations on August 3. * **Upgrades:** LayerZero will deprecate its v1 relayers on August 3. XRP Ledger's new version 3.3.0, featuring five new functions, is expected next week. * **AI:** Elon Musk announced that the advanced Grok 4.6 AI model is set for release around August 7. * **Bitcoin:** The BIP-110 forced signaling for a potential Bitcoin network change is scheduled to begin around August 8. **Other Notable Events:** Chinese robotics firm Unitree Tech has set its preliminary price inquiry for its IPO for August 5. South Korean exchange Upbit will delist AQT and AERGO tokens on August 3.

marsbit2 год тому

Must-Watch Events Next Week|CLARITY Act Could Face Senate Vote; SpaceX, Circle to Report Earnings (8.3-8.9)

marsbit2 год тому

Stocks Are Plummeting More Sharply Than Cryptocurrencies. Where Has the Money Gone?

Stock Markets Plunge Deeper Than Cryptocurrencies: Where Did the Money Go? In late July, Seoul's Kospi index triggered circuit breakers for two consecutive days, plummeting over 40% from its June high. The collapse was led by heavyweight stocks like SK Hynix, whose record profits still disappointed investors, and devastating leveraged ETFs, with one major product losing over 83% of its value. This signaled a global, forced deleveraging targeting the most crowded trades. Interestingly, while stocks exhibited extreme volatility akin to crypto markets, Bitcoin rose nearly 15% in July after a prior steep drop. Analysis shows the money fleeing equities did not flow into Bitcoin. Instead, Bitcoin had already absorbed its sell-off in May-June, when U.S. spot Bitcoin ETFs saw historic outflows. The true safe-haven beneficiary was gold, whose price rose over 20% year-on-year, highlighting a decoupling between Bitcoin and gold as "digital gold." The sell-off was a targeted unwinding of leveraged positions in tech and semiconductors, accelerated by broker-dealer risk management and shifts in the AI narrative, including new competition from Chinese memory chipmakers. The retreat path was clear: from high-valuation tech stocks to cash and U.S. Treasuries, then to gold. For Bitcoin to attract sustained institutional inflows, conditions like eased global liquidity pressure, a "soft-landing" Fed rate cut, and U.S. regulatory clarity via legislation like the stalled CLARITY Act are needed. Currently, Bitcoin is not a safe haven but an already-cleared asset. Its low correlation with tech stocks, however, makes it a potential diversification play for institutional portfolios once the storm passes. The money isn't here yet, but the positioning is underway.

marsbit2 год тому

Stocks Are Plummeting More Sharply Than Cryptocurrencies. Where Has the Money Gone?

marsbit2 год тому

In Conversation with Ray Dalio: We Are Currently in an AI Bubble, with 1% of My Portfolio in Bitcoin

Ray Dalio, founder of Bridgewater Associates, warns in an interview that the current AI boom shows classic bubble characteristics, which could lead to significant economic downturns as seen in past cycles like 1929 or 2000. He explains that speculative enthusiasm, fueled by debt and overvaluation, often precedes a crash when rising rates or taxation force asset sales, causing widespread losses and recession. Dalio also outlines his "Big Cycle" theory, describing an approximate 80-year pattern where widening wealth gaps, massive government deficits, and shifting geopolitical power (like China's rise) create internal conflict and global instability. He emphasizes that we are in a late-cycle, transitional phase where traditional powers like the US and UK face decline. For personal wealth protection, Dalio advises diversification beyond cash into assets like stocks, bonds, real estate, and particularly gold, which he prefers over Bitcoin. While he holds about 1% of his portfolio in Bitcoin as a non-printable hard asset, he views gold as more secure from technological or governmental threats. Regarding AI's impact, Dalio believes it will disproportionately benefit capital owners, worsening inequality by replacing both physical and cognitive labor. He suggests that human intuition and emotional intelligence, combined with AI, will be key for future workers. On taxation, Dalio argues that wealth taxes are impractical and risk triggering asset sell-offs, reducing productive investment. He points to the UK as a cautionary example of debt, low productivity, and political strife. Geopolitically, Dalio foresees a more regionalized world, with the US showing weakness in prolonged conflicts like with Iran, akin to past imperial declines. The ideal outcome, he suggests, is coexisting powerful blocs (e.g., Americas, China-Asia Pacific) without major war.

marsbit5 год тому

In Conversation with Ray Dalio: We Are Currently in an AI Bubble, with 1% of My Portfolio in Bitcoin

marsbit5 год тому

Торгівля

Спот
活动图片