Stand With Crypto Sets Up Election War Chest, Backs Candidates Seeking Open Seats
Summary
Stand With Crypto has launched its own PAC to support endorsed congressional candidates, with a $5,000 contribution limit per member. The organization, with over 443,000 members, has raised $86 million for advocacy operations. Unlike other crypto PACs, it will make direct donations to candidates and requires public donor identification. The PAC has endorsed five candidates, including Eddy Morales and Troy Downing, focusing on individuals committed to crypto and blockchain innovation. The organization plans to continue endorsing candidates based on their crypto friendliness.
