BTC $85,907.00 ▼ 0.50% ETH $2,715.32 ▼ 0.47% BNB $787.86 ▼ 0.87% XRP $1.51 ▼ 0.51% SOL $120.98 ▼ 0.57% TRX $0.3364 ▲ 0.17% FIGR_HELOC $1.03 ZEC $1,341.13 ▼ 0.62% HYPE $94.67 ▲ 4.69% DOGE $0.0957 ▼ 0.74% XMR $560.95 ▲ 2.45% LINK $13.92 ▼ 2.19% ADA $0.2723 ▲ 4.04% WBT $85.85 ▼ 0.03%
70 Greed

Crypto PAC backs 32 House candidates who supported CLARITY Act for midterms

Crypto PAC backs 32 House candidates who supported CLARITY Act for midterms Image: Cointelegraph
Image via Cointelegraph.

Fairshake, a crypto-backed political action committee, announced support for 32 House incumbents running in the 2026 US midterm elections. All 32 candidates voted to advance the 2025 Digital Asset Market Clarity Act, which remains stalled in the Senate. The PAC will spend an initial $6 million on six candidates, with $1 million allocated to each, split evenly between Republican and Democratic incumbents. It plans to spend more than $100 million total on 2026 House and Senate races, including at least $30 million to oppose Ohio Senate candidate Sherrod Brown.

Key points

  1. Fairshake is supporting 32 House incumbents in the 2026 US midterm elections
  2. All 32 supported candidates voted to advance the Digital Asset Market Clarity Act
  3. Fairshake will spend an initial $6 million on six House candidates, $1 million each
  4. The six initial recipients are split evenly between Republican and Democratic incumbents
  5. Fairshake plans at least $30 million in spending for Ohio's 2026 Senate race

Why it matters

The spending aims to boost support for federal crypto market legislation among US lawmakers ahead of the 2026 midterms. The CLARITY Act would establish a clear federal regulatory framework for digital assets if passed.

What's unclear

The US Senate has not set a timeline to reconsider the stalled CLARITY Act
Fairshake's full 2026 election spending allocation beyond the initial $6 million and Ohio Senate spend is not disclosed

Sources · 3 publishers

Cointelegraph Tier 1 First report
Crypto PAC announces support for 32 House candidates in US midterms
Crypto.news Tier 2
Fairshake plans $6m push for six US House candidates
Crypto Briefing Tier 2
Fairshake PAC backs 32 House incumbents who voted for the CLARITY Act

Coverage timeline

  1. First reported by Cointelegraph
  2. Confirmed by Crypto.news
  3. CryptoVideos brief published
How this brief was made. Our system found this event in 3 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error

Related briefs