Cryptocurrency PAC Fairshake Raises Funds for 2026 Election Amid Existential Threat in 2024
Fairshake, a political action committee (PAC) for cryptocurrency, has started fundraising for the 2026 election cycle. Despite concerns about money in politics, the cryptocurrency industry's spending is seen as necessary to protect and promote a valuable industry that benefits society. The Biden administration's actions against the industry have highlighted the need for political spending to influence regulatory decisions. While some may question the value of such spending, those within the industry believe in its positive impact and see it as a necessary decision in the current legal environment.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitpanda Secures MiCA License, Expanding Across 27 EU Countries
MANTRA Finance: Transforming Real-World Asset Tokenization in the UAE and Beyond
FTSE Russell expands into crypto indexes with SonarX partnership
Nvidia's $600B drop and crypto IPOs could boost Bitcoin