Pro-crypto candidates win big as crypto firms pour $130 million in US elections

Quick Summary:

Crypto firms invested heavily in the 2024 US Presidential election, contributing over $130 million to support pro-crypto candidates.

This unprecedented spending spree appears to have paid off, with a record number of crypto advocates elected to Congress.

Coinbase's chief legal officer declared, "We now have the most pro-crypto Congress in history.

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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets: IndiaChinaSouth AfricaUnited States

Topics: 2024 US Presidential election Cryptocurrency industry investment Bernardo Moreno Pro-crypto candidates SEC regulations on crypto

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 16:08:28 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 943 words

Reading Time: 6 minutes read

Sentences: 33 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 23461173

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About Times of India

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Official Website: timesofindia.indiatimes.com

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