Coinbase-Backed Crypto Group Reveals Midterm Endorsements After Clarity Act Collapse
Stand With Crypto, Coinbase’s advocacy arm, issued its first Senate endorsements and expanded House backing as it intensifies election efforts ahead of the midterms. Senate picks include Republican Jon Husted in Ohio, Republican Ashley Hinson in Iowa, and Democrat Chris Pappas in New Hampshire. House endorsements include Republican Mariannette Miller-Meeks and Democrat Shomari Figures, with more ad spending planned in six House races. The group says it selects candidates based on crypto policy, not party. The move follows the Senate’s 49-50 failure to advance the Clarity Act and reflects growing pressure on lawmakers who opposed it. Stand With Crypto has warned that votes on crypto bills will affect its public scorecard and voter support. While it does not give direct campaign donations, it mobilizes voters and grades candidates, alongside a broader wave of crypto political spending that has already reached hundreds of millions of dollars.
