Anchorage Digital, Chainlink back new crypto PAC as election season heats up

A new political action committee, the Blockchain Leadership Fund, has been launched with support from Anchorage Digital and Chainlink Labs as the midterm election season intensifies amid ongoing debates over crypto regulation in Washington. The PAC intends to support candidates who advance digital asset and blockchain policies, asserting that companies engaging now will define the industry's future rules. This move comes as the Senate grapples with legislation, particularly concerning stablecoin regulations, which has caused friction between banks and crypto interests. The Blockchain Leadership Fund plans to back "pro-innovation candidates" and engage voters to shape the industry and American financial leadership for decades, marking Anchorage Digital's first foray into funding a PAC. Other crypto advocacy groups, like Stand With Crypto, are also ramping up efforts ahead of the elections.

(Source：The Block)