PAC Lauds Texas Primary Wins, Says it will ‘Aggressively Back’ Pro-Crypto Candidates in Future Races
Cointelegraph
Crypto-backed political action committees are pledging to aggressively support pro-crypto candidates following successful primary wins in Texas.Summary
Crypto-aligned political action committees (PACs), including Fairshake and Defend American Jobs, have successfully backed six candidates in Texas congressional primaries. With over $10 million in spending, these groups aim to support candidates who favor cryptocurrency-friendly policies. Fairshake, holding a significant war chest, has signaled its intent to influence future elections, citing the electoral consequences for candidates perceived as anti-crypto, and is now shifting focus toward upcoming primaries in states like California and New Jersey.
(Source：Cointelegraph)