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Image Credit: Bitcoinist

Crypto’s $135M Investment Pays Off: 48 Candidates Backed By PACs Win Nov. 5 Elections

  • Over $135 million was spent by the cryptocurrency industry in the 2024 election cycle to support more than 50 candidates.
  • All 48 candidates backed by major crypto political action committees (PACs) have emerged as winners.
  • Candidates from both Democratic and Republican parties received support from the crypto industry.
  • Cryptocurrency companies are increasing their lobbying efforts and aiming for favorable regulations.

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