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Crypto is making a splash in U.S. elections — but chiefly in jabs about industry influence

Picture: CoinDesk

Crypto is finally being talked about in U.S. political campaigns, but it's certainly not in a light that the industry would choose. Though digital assets advocates have long referenced a grassroots uprising of crypto-focused voters that can swing elections, the industry's own massive campaign spending has carefully decided against even mentioning the financial technology in the ads it buys for favored candidates. But crypto is having a moment in the midterms, anyway, as the sector's critics paint its political involvement as a venal influence on congressional campaigning.

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