Dec 18, 10:30 am

Axios

Cryptocurrency Industry Raises $78M in Three Months to Boost Crypto-friendly U.S. Lawmakers

The cryptocurrency industry has raised $78 million in just three months to support super PACs that aim to promote crypto-friendly lawmakers in the US. This significant amount of funding puts the crypto industry on par with more established industries in terms of political contributions. The money comes from a coalition of crypto companies, executives, and investors, including Coinbase, Andreessen Horowitz, and the Winklevoss twins.