Crypto leaders unite to back pro-crypto candidates with $78M ahead of 2024 elections
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Prominent crypto figures like Brad Garlinghouse, the Winklevoss twins, and Brian Armstrong have united to back pro-crypto presidential candidates in 2024.
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They have pledged over $78 million to the Fairshake PAC to support candidates favoring crypto innovation and balanced regulation.
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This coalition includes major crypto companies like Ripple, Circle, Coinbase, Kraken, etc. aiming to shape policies amid regulatory challenges.
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It comes as the SEC intensified action against crypto firms, sparking concerns over the US losing its edge.
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The PAC aims to elect leaders fostering innovation while ensuring consumer protection to navigate regulatory complexities.