Guavy AI Editorial TeamSentiment: -2Clout: 35

$189 Million Spent by Crypto Firms in 2026 US Election

Crypto companies have spent $189 million so far on the 2026 US election, according to a report from Public Citizen. This is significantly more than they spent in the previous election cycle.

The crypto industry has become the top corporate political spender in this year's elections, with over one-third of all corporate money contributed coming from it.

Companies like Andreessen Horowitz and Ripple Labs have been major contributors to political action committees focused on advancing corporate policies.

The sector is pushing for additional measures, including the Clarity Act, which would create regulations for cryptocurrencies. However, this bill has stalled in the Senate and its future is uncertain.