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Crypto advocates say their voters could influence close congressional races in the November midterms. Coinbase, Ripple and other industry groups have committed millions to election spending and crypto policy campaigns.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Cryptocurrency voters could influence the November 3rd midterm elections,
00:06according to Mason Linaw, executive director of Stand With Crypto.
00:11In an Octobuna 23 interview with Bitcoin Magazine,
00:15Linaw said the organization has more than 3.1 million advocates
00:19and could sway closely contested congressional races.
00:23Linaw said,
00:24cryptocurrency supporters could become decisive swing voters in closely contested elections.
00:30He noted that lawmakers receiving favorable crypto ratings increased from roughly 90 to 338 over
00:36three years and expressed optimism about bipartisan cryptocurrency legislation.
00:41Coinbase contributed $57.8 million to the election cycle,
00:46followed by Ripple at $49.6 million and crypto.com parent Forrest Dax at $39 million.
00:54The crypto-focused Fairshake Political Action Committee and its affiliates
00:58reportedly had nearly $95 million remaining ahead of the elections.
01:03For all things money, visit Benzinga.com.

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