Blockchain Association PAC

What is happening? The national blockchain association has formed a PAC.

Why is this important? Blockchain Association’s PAC to support pro-crypto candidates to the tune of 10s of millions before November 2022.

How will this be important? “Donors from the industry have given $72.8 million to federal candidates and committees from January 2021 through July, a Bloomberg analysis of Federal Election Commission records shows. That total surpasses the $70.6 million given by the oil and gas industry, the $55.4 million given by the transportation sector and the $25.4 million given by the defense companies over the same period.”

Bloomberg | Crypto Trade Group for Circle, Kraken Seeks Clout With PAC to Spread Cash Haul