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Crypto spent $176M on the midterms. Can it move the CLARITY Act?

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Crypto-linked political groups have spent roughly $176 million across more than 100 U.S. midterm races, according to a Reuters review of campaign-finance filings through October 20. Fairshake and its affiliates account for about $150.8 million. The spending may help elect lawmakers sympathetic to digital assets, but the CLARITY Act's last Senate hurdle was a 49-to-50 vote on whether to begin debate, eleven votes short of the usual threshold. Reuters counted about $176 million in industry-linked election spending through October 20, with $150.8 million from Fairshake's network.

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