Election Cycle Shake-Up: Crypto Industry Emerges As Major Player In 2024 Political Contributions

In a significant shift within the US political landscape, the crypto industry has surpassed traditional sectors in campaign spending during the 2024 election cycle, aiming to influence regulatory policies favorably.  An analysis of Federal Election Commission (FEC) filings by the blockchain analytics firm Breadcrumbs, in collaboration with FOX Business, reveals that the digital asset sector has raised at least $238 million thus far, outpacing contributions from the oil and gas, pharmaceutical industries, and major Wall Street players like Citadel. Crypto Contributions Signal Urgent Need For Change The substantial financial backing…

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