| Mobile Web

Crypto industry signals election spending push after Clarity Act stalls

After the U.S. Senate blocked the digital asset market-structure bill known as the Clarity Act, the crypto industry may sharply expand political spending ahead of the 2026 U.S. midterm elections. Industry political action committees appear to be focusing on election strategy, including plans by the Coinbase- and Ripple Labs-backed Fairshake. The vote is seen as pivotal for the 2027 legislative environment, although immediate post-vote spending disclosures were not confirmed.